ATI provides Malawi solar PV plant with liquidity support

Insurance agency African Trade Insurance (ATI) Agency has provided the 60 MW Salima solar photovoltaic (PV) plant, in Malawi, with a revolving liquidity guarantee that can be drawn following any payment delays by the national offtaker, namely the Electricity Supply Corporation of Malawi (Escom). ATI provided the $4.4-million liquidity guarantee under its regional liquidity support facility (RLSF) against the risk of delayed payment by Malawi power utility Escom.