Nachtigal Hydro IPP

Sectors

Issues Raised

Project Information

Investment ID: 13075

Bank: IFC/MIGA

Environmental Category: A

Country: Cameroon

Region: Sub-Saharan Africa

Approval Date: May 24, 2018

Investment Types: Risk Guarantee

Total Project Cost: EUR 164.5 million

Total Complaints: 1

Description

On December 21, 2018, MIGA agreed to issue guarantees of up to €164.5 million (US$187.9 million) covering EDF and STOA’s equity and quasi-equity investments in the Nachtigal project. The guarantees are issued for up to 15 years against the risk of Breach of Contract. The project consists of the development, construction and operation of a 420 megawatt (“MW”) run-of-the-river hydropower plant on the Sanaga River in the central region of Cameroon, about 65 kilometers (“km”) north-east of Yaoundé.

Investments

Investment Type	ID	Amount	Status	Bank	Client
Risk Guarantee	13075	EUR 164.5 million	Active	IFC

Related Complaints

IFC/MIGA CAO Complaints	IAM	Country	Date Filed	Status
Nachtigal Hydropower Co-01	IFC CAO	Cameroon	19/04/2022	Active