FGN Power Company Limited (‘FGNPC’)

Nigeria Presidential Power Initiative (PPI) - Euler Hermes Covered Financing

Industry
Power/Electricity transmission
Area of finance
Export & Agency Finance
Region
Africa
Africa
Countries
Nigeria

Deal Overview

The Federal Government of Nigeria established a special purpose vehicle, the FGN Power Company Limited (‘FGNPC’), to own and execute the Presidential Power Initiative (PPI).The PPI project includes mobile substations which will help reduce power outages, improve voltage stability, and...

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Deal Volume
$66.78m
Financial Close
20/08/2024
Dealmakers
Stefan Goetzinger

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Stephan Zimmer

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Annette Seip

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Kathrin Marchant

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Sources
Submitted by participant(s)

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