Eranove secures €51 million guarantee for capital contribution to Togolese Kékéli power plant

Eranove secures €51 million guarantee for capital contribution to Togolese Kékéli power plant

The energy company has asked the MIGA agency to provide a €51 million guarantee for its equity investment in this 65 MW programme already in operation in Lomé.

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            ▪ Eranove secures €51 million guarantee for capital contribution to Togolese Kékéli power plant

▪ The energy company has asked the MIGA agency to provide a €51 million guarantee for its equity investment in this 65 MW programme already in operation in Lomé.

https://www.africabusinessplus.com/en/815472/eranove-secures-e51-million-guarantee-for-capital-contribution-to-togolese-kekeli-power-plant/

Developed since 2018, the Kékéli Efficient Power mixed fuel (fuel oil and natural gas) power plant near the port of Lomé went into operation in April 2021 under a 25-year PPP led by Eranove, which owns 75% of the project. Togo owns the remaining 25% through Kifema Capital, a government investment vehicle.

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