AfDB commits $29.4mn to 62 MW solar power project in Togo

AfDB commits $29.4mn to 62 MW solar power project in Togo

The African Development Bank (AfDB) has committed €26.5mn in financing for a 62 MW solar power plant in Togo, to be developed by French state-owned utility Électricité de France.

Financing secured for 62 MW solar project in Togo

The African Development Bank (AfDB) is backing a 62 MW solar project in Togo with a financing package totaling €26.5 million ($29.4 million). French power utility Électricité de France is developing the plant.The AfDB is investing €26.5 million in a 62 MW solar project in Togo. French power utility Électricité de France is developing the plant in the city of Sokodé. The utility is responsible for the design, construction and operating of the gre…