Meridiam replenishes its coffers for Ethiopian geothermal power plant
The energy project has been in the pipeline for several years and continues to attract funding despite the geopolitical difficulties in the region.
Someone shares this article with you
▪ Meridiam replenishes its coffers for Ethiopian geothermal power plant
▪ The energy project has been in the pipeline for several years and continues to attract funding despite the geopolitical difficulties in the region.
▪ https://www.africabusinessplus.com/en/813610/meridiam-replenishes-its-coffers-for-ethiopian-geothermal-power-plant/
The latest institution to show interest in Ethiopia’s Tulu Moye power plant is the Dutch FMO. The development bank says it is ready to finance up to €40 million for the geothermal project carried by Meridiam – through its Meridiam Infrastructure Fund – and its Icelandic partner Reykjavik Geothermal Limited, both associated with the company TM Geothermal Operations plc.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Construction & Infrastructure
12/04/2023 at 15h51, by Africa Business+
Arise exits discreetly from the Transgabonaise
Gugan Gupta’s group quietly withdrew from this strategic road project in Gabon, leaving Meridiam alone...
Private Equity
21/03/2023 at 12h12, by Africa Business+
Urban Resilience Fund : Meridiam attracts new LP to invest in African cities
The French infrastructure specialist is raising funds for a third vehicle dedicated to “sustainable”...
Air transport
17/01/2023 at 13h20, by Africa Business+, updated 18/01/2023
Donsin airport : Meridiam to send mission to Ouagadougou
The infrastructure investment specialist will send several officials to the Burkinabe capital to hold...
Renewable energies
07/05/2021 at 17h21, by Africa Business+
Geothermal energy: EIB’s Werner Hoyer plans strong comeback in East Africa
After pulling out of a major Kenyan project in 2019, the institution is looking at new funding in the...
Energy
29/03/2021 at 16h50, by Africa Business+, updated 30/03/2021
Ethiopia: Thierry Déau of Meridiam and Icelandic partner secure guarantee for Tulu Moye
Through its joint venture, the two investors obtained a MIGA guarantee for their equity contributions...
Electricity
29/05/2020 at 17h32, by Pierre-Olivier Rouaud
Engie maintains commitment to Kenya with Olkaria VI geothermal project ($490m)
In the midst of a restructure, the French group has just been shortlisted alongside Toyota Tsusho as...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on at the bottom of your screen.
2. Click on to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.