Energy
How Zola EDF Côte d’Ivoire is financing the deployment of 100,000 solar kits

How Zola EDF Côte d’Ivoire is financing the deployment of 100,000 solar kits

The transaction, estimated at €40m ($44m), is to be carried out through a receivables securitisation programme, the first of its kind on the continent to finance a renewable energy project.

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            ▪ How Zola EDF Côte d’Ivoire is financing the deployment of 100,000 solar kits

▪ The transaction, estimated at €40m ($44m), is to be carried out through a receivables securitisation programme, the first of its kind on the continent to finance a renewable energy project.

http://www.jeuneafriquebusinessplus.com/en/803203/comment-zola-edf-cote-divoire-finance-le-deploiement-de-100-000-kits-solaires/

02/03/2020 at 12h13, by Jeune Afrique Business+, updated 04/03/2020

The Côte d’Ivoire company ZECI, a joint venture between Zola Electric and the French utility EDF, has concluded a contract with the investment platform NEoT Offgrid Africa (NOA) to carry out the receivables securitisation programme, Philippe Ringenbach, CEO of NEoT Capital, NOA’s management company, explained to Jeune Afrique Business+.

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