Tech & Power Generation
Benin solar IPP reaches financial close as IFC and Proparco lend €30m for 62MWp
AXIAN Energy has signed €30m of financing with IFC and Proparco for IPP50, four solar plants in Natitingou, Djougou, Parakou and Bohicon that make up Benin’s first solar project under an independent power producer model, four years after the concessions were signed, with commercial operation planned for the first quarter of 2028.