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Dutch development bank finances 50 MW of solar in Ivory Coast
Dutch development bank FMO is financing the 50 MW Kong solar project in the Ivory Coast. Its €55.5 million ($62.3 million) financing package represents the project’s entire long-term financing with a 20-year tenor.
Summary
Dutch development bank FMO is financing the 50 MW Kong solar project in the Ivory Coast. Its €55.5 million ($62.3 million) financing package represents the project’s entire long-term financing with a 20-year tenor. Located near the town of Kong in northern Ivory Coast, the solar project is expected to supply electricity to approximately 240,000 people once completed.
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