ENGIE led consortium to close Senegalese solar Q2 2019

ENGIE, Meridiam and Senegalese sovereign fund FONSIS are set to reach financial close in Q2 2019 on the 25MW Touba and 35MW Kahone solar plants in Senegal. The two projects, structured on a debt-to-equity ratio of 80/20,  include a DFI-backed long-term €39 million debt financing...