Meridiam and EDF-backed NEoT Offgrid Africa joins GDS International and ARESS in Benin project
Already operational in Nigeria, Côte d’Ivoire, Uganda and Sierra Leone, the investment platform owned by Meridiam and EDF has completed the financing for a rural electrification project in Benin.
Someone shares this article with you
▪ Meridiam and EDF-backed NEoT Offgrid Africa joins GDS International and ARESS in Benin project
▪ Already operational in Nigeria, Côte d’Ivoire, Uganda and Sierra Leone, the investment platform owned by Meridiam and EDF has completed the financing for a rural electrification project in Benin.
▪ https://www.africabusinessplus.com/en/813795/meridiam-and-edf-backed-neot-offgrid-africa-joins-gds-international-and-aress-in-benin-project/
The project resulted from a call for tenders from the Millennium Challenge Account (MCA) Benin. Valued at €8.5 million and co-financed by the MCA and NEoT Offgrid Africa (NOA) – €3.8 million in equity from the latter – the project will electrify 12 localities in the country by June 2023, Africa Business + has learned.
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
Renewable energies
25/07/2023 at 17h11, by Africa Business+, updated 26/07/2023
Trinity and Artelia advise Meridiam on Tanzanian renewable energy business acquisition
As part of its expansion in East Africa, the investment group has just acquired 100% of Rift Valley...
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...
Energy
22/07/2022 at 17h59, by Africa Business+
STEG CEO Mohamed Ammar rolls out $22m smart grid project with Sagemcom, Siame, Tunisie Câbles and others
Mohamed Ammar, CEO of the Société tunisienne de l’électricité et de gaz (STEG), is continuing to implement...
Electricity
21/03/2022 at 16h41, by Africa Business+
Sagemcom, Itron, Siemens and Efluid work on Tunisia’s €78 million smart grid
The European multinational, the US-listed group, and the German and French groups will deploy smart...
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.