Grupo Alten is developing a 140p MW photovoltaic power plant in Nigeria, in the state of Kogi. The plant will be located within an industrial estate outside the city of Lokoja, approximately 155 km to the south of Abuya, the capital of Nigeria, and one of the most heavily populated cities in the country with 1.2 million inhabitants. Its start-up is aimed at providing electricity to an enormous number of families in addition to providing energy support for the growing economic development in the area.

Along with Grupo Alten (60%), the main shareholders in the project are International Finance Corporation (20%) and institution that belongs to the World Bank, which is headquartered in Washington, and other local and international shareholders (20%).

The project, which is subject to a PPA signed by NBET (Nigerian Bulk Electricity Trader), is in the final stages of development and the expectation is to reach the financial close sometime in 2019.

Crystalline modules and a fixed structure will be used to build the plant. The connection system is quite close, just 1.7 km away from the plot where the plant is to be located. It is one of the most important substations in the country. Thanks to this, all of the electricity produced by the plant will be used to meet the needs of Abuya and Kogi State.

Local commitment is essential when it comes to development, but particularly in Nigeria. Therefore, the project will comply with all local regulations as well as the highest applicable international standards including the IFC Standards and Equator Principles.

Technical Characteristics:

• Peak power: 140 MWp
• Country: Nigeria
• State: Kogi State
• Municipality: Lokoja
• Annual production: 243,500.00 kWh Year 1
• Technology: Fixed estructure
• Distribution company: Transmission Company of Nigeria
• Start of operation: Q4 2019
• Other data: Connection with transformer 33/132 kV 110 MVA, 132 kV line to Lokoja Substation

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