Ivory Coast Secures EUR265M for Expansion of Azito Power Plant

Funding for so-called fourth phase of gas-fired Azito power plant to be provided by nine institutions, including IFC, Proparco and West African Development Bank, according to company statement in Fraternite-Matin newspaper.

* Existing plant’s current capacity of 430 megawatts will be increased to about 700 megawatts, or 30% of Ivory Coast’s installed capacity. Source: Bloomberg