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Ethiopia nears financial close on $620mn Aysha 1 Wind Power Project

Wind turbines. Photo by Thorsten Dahl @ Pixabay
Wind turbines. Photo by Thorsten Dahl @ Pixabay
  • $620m wind project tests Ethiopia’s private finance pivot
  • AfDB, IFC anchor landmark renewable PPP deal

 

ADDIS ABABA, ETHIOPIAEthiopia is edging toward financial close on its first utility-scale renewable energy public-private partnership, marking a shift toward privately financed infrastructure.

International lenders have advanced due diligence on the $620 million Aysha 1 Wind Power Project, a 300-megawatt development in the Somali Regional State that is set to become “Ethiopia’s first privately financed” renewable energy independent power producer.

  • $620m wind project tests Ethiopia’s private finance pivot
  • AfDB, IFC anchor landmark renewable PPP deal

 

ADDIS ABABA, ETHIOPIA - Ethiopia is edging toward financial close on its first utility-scale renewable energy public-private partnership, marking a shift toward privately financed infrastructure.

International lenders have advanced due diligence on the $620 million Aysha 1 Wind Power Project . . .

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