AXIAN Group Secures $62.3M for Ivory Coast Solar Plant

Madagascar billionaire Hassanein Hiridjee’s AXIAN secures up to $62 million for Ivory Coast solar plant expected to power 240,000 people

A solar project backed by Madagascar billionaire Hassanein Hiridjee’s AXIAN Group has secured up to $62.3 million (€55.5 million) in long-term financing from the Dutch development bank FMO. The financing will support the construction of the 50-megawatt Kong Solaire photovoltaic plant near the town of Kong in northern Ivory Coast.

AXIAN Group Secures $62.3M for Ivory Coast Solar Plant

AXIAN Group, led by Madagascar billionaire Hassanein Hiridjee, has secured $62.3 million in long-term financing from FMO for its 50-megawatt Kong Solaire photovoltaic plant in Ivory Coast.

Billionaire Hiridjee’s AXIAN lands $62m for Ivory Coast solar

A solar plant in northern Ivory Coast co-owned by Hassanein Hiridjee's AXIAN has secured up to €55.5 million in 20-year loans from Dutch lender FMO.

Africa Via, AXIAN, PIDG and FMO Sign €50 Million Financing Agreement for the Kong Solaire Project

Kong Solaire SAS, a project company owned by Africa Via, Axian and the Private Infrastructure Development Group (PIDG) through InfraCo, its project development solution, has signed a financing agreement with FMO, the Dutch entrepreneurial development bank, for the Kong solar photovoltaic power plant in Côte d’Ivoire. FMO is providing the project’s entire long-term financing, amounting […]

Dutch development bank finances 50 MW of solar in Ivory Coast - pv magazine Global

The €55.5 million ($62.3 million) package represents the entire long-term financing required for the 50 MW Kong solar project, which is already under construction. The post Dutch development bank finances 50 MW of solar in Ivory Coast appeared first on pv magazine Global.