ENGIE-led team to sign Senegalese solar projects next week

ENGIE, Meridiam and Senegalese sovereign fund FONSIS are set to sign a DFI-backed financing next week for the 25MW Touba and 35MW Kahone solar plants in Senegal. Financial close is expected next month. The two projects, structured on a debt-to-equity ratio of 80/20, have a combined cost of...