NamPower

40MW Otjikoto Biomass Power Project - AFD Financing

Borrower(s)
NamPower
Industry
Renewables/Biomass
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Namibia

Deal Overview

Namibia's state-owned NamPower has secured over EUR100 million to support the construction of the 40MW Otjikoto biomass power project. The biomass power plant is expected to reduce Namibia's reliance on imported electricity by providing a stable and cost-effective baseload power source. It...

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Deal Volume
$110.84m
Financial Close
24/05/2024
Dealmakers
Sources

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Project Deals

40MW Otjikoto Biomass Power Project
$124.78m
Greenfield
Biomass
Africa
Africa
Namibia