Infrastructure development funds, Emerging Africa Infrastructure Fund (EAIF) and Private Infrastructure Development Group (PIDG), have announced a €25-million finance facility to Ivoire Hydro Energy (IHE), which will build a 44 MW hydroelectric generation plant on the Bandama river near the village of Singrobo, in Côte d’Ivoire.
EAIF’s long-term financing package enables IHE to achieve financial close for the project, accelerating the design, construction and operation of the power plant and associated infrastructure and boosting rural access to clean energy.
