AMEA Power has signed a concession deal with the Government of Togo for the planned development of a 50 MW solar photovoltaic plant in the Blitta prefecture, about 271 km north of Lome.
The concession agreement grants AMEA Power the right to design, finance, build, launch, operate and maintain the solar farm. The developer will transfer the ownership of the project to the State after the concession.
The energy produced from the project will be sold to a public utility network.
PROPARCO has announced the signing of a € 30m loan with Lomé Container Terminal (LCT). It is part of a total of EUR 225m of financing arranged by the International Finance Corporation (IFC) and cofinanced by several international financial institutions, including Germany's DEG, the Netherlands' FMO, the African Development Bank and the OPEC Fund for International Development