Taiba N’Diaye--Wind

  • Project category

    Centrale électrique

  • Estimated budget

    339000000

  • Capacity in MW

    158.7

Power Africa supported the Taiba N’diaye transaction, which is the first wind project in Senegal, for three years with assistance on financing, insurance, negotiation, and land rights issues to the developer. Taiba N’Diaye, will consist of 46 Vestas wind turbines, each able to produce 3.45 MW under a full Engineering Procurement and Construction contract. Lekela Power and Actis (UK) and a consortium led by Mainstream Renewable Power (Ireland), acquired co-development rights and sole invest rights in the project. Overseas Private Investment Corporation provided both financing and insurance to the project, as well as a grant through the US Africa Clean Energy Financing Facility. The World Bank's Multilateral Investment Guarantee Agency provided political risk insurance.

Project Follow Up

  • Lead financier

    US Africa Clean Energy Financing Facility (Grant??) + The World Bank's (Political risk insurance)

  • Co-financier (if applicable)

    Power Africa

  • Budget Total en Millions d’Euros

    US$377Mio

  • Equity in Millions of Euros

  • Financial Products

  • Project status

    Financement

  • Technique Assistance in Millions Euros

PROJECTS B

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