Engie: contract in Senegal
(CercleFinance.com) - Engie and its investment partner Meridiam have been selected by the Regulatory Commission of the Electricity Sector (CRSE) in Senegal as preferred bidder in a call to tender launched last October for two solar photovoltaic projects, representing 60 megawatts (MW) total power, it was learned on Wednesday afternoon.
Both these projects are part of the "Scaling Solar" initiative, which is being jointly conducted by the Senegalese authorities and the International Finance Corporation (IFC, member of the World Bank Group) in Senegal. They are located in Kahone, in the region of Kaolack and in Touba-Kaël, in the region of Diourbel.
Engie and Meridiam will each have a 40% interest in the project company. The Senegalese sovereign fund, FONSIS, will hold the remaining 20%.
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Both these projects are part of the "Scaling Solar" initiative, which is being jointly conducted by the Senegalese authorities and the International Finance Corporation (IFC, member of the World Bank Group) in Senegal. They are located in Kahone, in the region of Kaolack and in Touba-Kaël, in the region of Diourbel.
Engie and Meridiam will each have a 40% interest in the project company. The Senegalese sovereign fund, FONSIS, will hold the remaining 20%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.