DEAL / DEAL-20260715-013
$750mDisclosed value
pledgeStage
BConfidence

Distributed Access through Renewable Energy Scale-Up (DARES) program

Date2026-04-22
MarketNigeria
RegionWestern Africa
Power poolWAPP
TechnologySolar
Capacity
Typegrant

Financing

reported terms only
Total value$750m
Debt
Equity
Tariff
Tenor
SponsorsRural Electrification Agency (REA)
LendersWorld Bank; International Finance Corporation; Citibank Nigeria; Lotus Bank

Counterparties

canonical entity graph
lenderWorld Bank
lenderCitibank Nigeria
sponsorRural Electrification Agency
lenderInternational Finance Corporation
lenderLOTUS Bank Limited

Evidence and related records

ConfidenceB
Original sourceOpen evidence ↗
Related projectNo exact project match