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Nachtigal
Sectors
Issues Raised
Project Information
Investment ID: 37673
Bank: IFC/MIGA
Environmental Category: A
Country: Cameroon
Region: Sub-Saharan Africa
Approval Date: July 19, 2018
Investment Types: Equity, Loans, Risk Guarantee
Total Project Cost: EUR 1.1 billion
Total Complaints: 1
Description
The Nachtigal-amont project is a greenfield 420 MW run-of-river hydropower project located on the Sanaga river near Yaoundé, Cameroon (the "Project”, "Nachtigal") and developed as an Independent Power Producer ("IPP"). As of April 2017, the plant is estimated to achieve full commercial operations by 2022. This would make it the first IPP to be built on the Sanaga river benefiting from the upstream Lom Pangar regulating dam. The Project benefits from the full support of the Republic of Cameroon who just signed and granted the 35-year concession to the project company. The Project is the number one priority identified under the National Electricity Least Cost Development Plan ("NEDP") prepared in 2014 by the Ministry of Energy with the support of the World Bank.
Investments
Investment Type | ID | Amount | Status | Bank | Client |
---|---|---|---|---|---|
Equity, Loans, Risk Guarantee | 37673 | USD 233.2 million | Active | IFC | NACHTIGAL HYDRO POWER COMPANY |
Related Complaints
IFC/MIGA CAO Complaints | IAM | Country | Date Filed | Status |
---|---|---|---|---|
Nachtigal Hydropower Co-01 | IFC CAO | Cameroon | 19/04/2022 | Active |
Implementers
Name | Complaints | Dispute Resolutions | DR Successful | Compliance Reviews | Non-Compliance |
---|---|---|---|---|---|
NACHTIGAL HYDRO POWER COMPANY |