US$ 120 Million Singrobo Hydro Power Plant In Côte d’Ivoire

Africa Finance Corporation (AFC), a leading investment grade rated multilateral development finance institution and project developer, announced the signing of a joint development agreement with Ivoire Hydro Energy SA (IHE), an Ivorian project company, for the development of the 44MW Singrobo hydroelectric power plant (Singrobo) in Côte d’Ivoire.

AFC has been appointed as a co-project developer and financier and will work with other developers to complete detailed technical studies, finalize the Power Purchase Agreement (PPA), participate in procuring the engineering, procurement and construction contractor, lead the processes for preparing project costs, and oversee the final environmental and social Impact assessment studies.

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