News
22 January 2020

Azito expansion reaches financial close

In:
Power
Region:
Middle East & Africa

Azito Energie, a subsidiary of Globeleq and IPS (West Africa), has reached financial close on a 253MW expansion to its Azito gas-fired power plant, located near Abidjan, Côte d’Ivoire. The upgrade to the 460MW plant is financed on a debt-to-equity ratio of 80:20 via a €264 million...

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
20 March 2026

Unlocking alternative funding in Nigerian infrastructure

Nigeria is starting to build robust channels for attracting institutional debt capital – both foreign and domestic - into infrastructure assets. But this expanded toolkit...

Perspective
27 March 2026

Are climate funds a good fit for DFIs?

DFIs are increasingly turning to funds to deploy their capital, with the product increasingly rivalling project finance structures. But the benefits in scale and risk...