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
23 January 2026

Exile Group partners with Bridgepoint to support next level...

Exile Group welcomes Bridgepoint, a leading mid-market investor, which will take a minority interest in the leading provider of events and intelligence for the export, trade,...

Perspective
31 January 2026

Ilute Solar: DFIs support an African merchant pioneer

Zambia’s Ilute solar project reached financial close without a sovereign guarantee, using a layered capital structure to absorb merchant price risk. It provides a template for...