DEAL / DEAL-20260718-082
$435mDisclosed value
pledgeStage
BConfidence

NREIF Renewable Energy Manufacturing Investment Agreements

Date2025-10-14
MarketNigeria
RegionWestern Africa
Power poolWAPP
TechnologySolar
Capacity
Typeproject finance

Financing

reported terms only
Total value$435m
Debt
Equity
Tariff
Tenor
SponsorsOgun State; Lagos State; Akwa Ibom State; Kano State; Bayelsa State; Federal Capital Territory
LendersRenew Power Limited; Tranos; Auxano Solar; Vene Photovoltaic Technologies Limited; Greenlight Planet Sun King Nigeria Limited; Suntisolar Energy Africa Solar Limited; Tricell Solar Solutions; IRS Green Energy; J Marine Logistics Limited; PVG Solar Limited

Counterparties

canonical entity graph
sponsorBayelsa State
sponsorKano State
lenderTricell Solar Solutions
lenderAuxano Solar
lenderRenew Power Limited
lenderJ-Marine Logistics Limited
lenderSuntisolar Energy Africa Solar Limited
lenderTranos Group
sponsorOgun State
lenderGreenlight Planet Sun King Nigeria Limited
lenderIRS Green Energy
lenderPVG Solar Limited
sponsorAkwa Ibom State
sponsorLagos State
lenderVene Photovoltaic Technologies Limited
sponsorFederal Capital Territory

Evidence and related records

ConfidenceB
Original sourceOpen evidence ↗
Related projectNo exact project match