Financial close for the project achieved and commencement of operations after fulfilling initial financial obligations

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Financial close for the project achieved and commencement of operations after fulfilling initial financial obligations
List of the country updates

Country updates

  • May 07, 2007

    The project has been fully commissioned

  • May 01, 2007

    Commercial close for the project achieved

  • March 20, 2007

    Project commercial close achieved and execution of concession agreement starts

  • March 15, 2007

    The project has been part-financed with a loan of US$150m from a consortium of six banks — Oceanic Bank International Plc, Zenith Bank Plc, GT Bank Plc, First Bank Plc, First City Monument Bank Plc and Access Bank Plc

  • January 01, 2007

    Commencement of construction and operation by preferred bidder

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