Bauchi 100MW photovoltaic power plant

Overview:

• Nigeria Solar Capital Partners entered into a joint development agreement with Globeleq Advisors and the ARM-Harith Infrastructure Fund to finance and co-develop the Bauchi 100MW photovoltaic power plant. 
• The Overseas Private Investment Corporation and the African Development Bank provided $106 million of financing for the project.
• The project developers have agreed with the Nigerian Bulk Electricity Trading to a power purchase agreement for a 20 year period.  
• Bauchi state is one of the most affected states by the national energy deficit in Nigeria.

John Crabb - Journalist