News
24 May 2019

Chexim agrees $1bn loan for Gurara II hydro project in Nigeria

In:
Renewables
Region:
Middle East & Africa

The Export-Import Bank of China (Chexim) is to lend $1 billion to Nigeria for the development of the Gurara II hydroelectric project in Kaduna State in the north of the country. The hydroelectric project will eventually produce 360MW. The Nigerian authorities have also decided to allocate N5.7...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
05 March 2026

Bhutan’s Dorjilung hydro opens a PPP market

The Dorjilung hydroelectric financing moved away from sovereign-backed debt towards a blended PPP structure combining concessional capital, multilateral lending and private...

Perspective
13 March 2026

Proximo Deals of the Year 2025: Live lessons

The deals that impressed - sometimes for size but more often for innovation - in 2025. With the project finance market looking to build resilience, these were the lessons...