Renewables (Wind / Solar / Hydro)
COMPANY OVERVIEW
Background: The company is a listed renewable energy pure play company having operational hydro and solar PV plants.
The company is engaged in the development, construction and operation of RE projects with inhouse expertise for design, engineering, procurement, construction and operation and maintenance of power projects.
Track Record: Currently, the company has c.24MW in operational projects and 45MW under construction with an additional 130MW under predevelopment stage.
Management Team: The CEO has over 25 years of industry experience with all senior managers possessing 10 – 20 years of experience in the industry.
USE OF FUNDS
- The company has identified and received government approval to develop a 100MW ground solar PV project and is seeking US$ 65M in debt and equity financing to support development of the project.
POTENTIAL IMPACT
- The project will lead to significant electrification in the area and beyond leading to positive impact in the region while adding to the company’s wide portfolio of projects
November 13, 2024
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