350 MW PV Solar Portfolio for Government of Angola

Delphos is assisting a US developer and its Portuguese EPC partner in arranging financing for the Government of Angola to deploy a PV solar portfolio of approximately 350 MW in seven separate sites with total project costs in excess of Euro 500 million. We advised the consortium on approaching a group of European and Korean ECAs given the sourcing plan and other project parameters and helped negotiate financing documentation with a European commercial bank, which will act as a lender of record and agent of the ECAs. The transaction is expected to close in 2019 following final government approvals.

Details

Category

  • Power

Client Name

A US developer and its Portuguese EPC Partner

Services Provided

  • Capital Raising

Region

  • Sub-Saharan Africa

Country

  • Angola