Burkina Faso: IFC to finance Windiga solar IPP


Issue 331 - 04 Oct 2016 | 1 minute read

The International Finance Corporation (IFC) is considering financing a 26.8MWp solar photovoltaic power plant, which would be Burkina Faso’s first independent power producer (IPP) project. The proposed investment includes an A loan of up to €12m ($13.3m) and risk management products (interest and cross currency swaps), according to project documents published on the IFC website on 20 September. In addition, IFC intends to mobilise the remaining balance of the debt required for the project, including a senior concessional loan of up to €10m from IFC as implementing entity of the IFC-Canada Climate Change Programme.

Want to read more?

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register