9 results
- 22 Jan 2016
Azura Raises $876m for 450MW Azura-Edo Power Plant
Azura Power Holdings Ltd said yesterday it had raised $876 million for its power plant in the southwest of Africa's most populous nation and that construction was set to commence. Azura, along…
- 11 Oct 2014
President Jonathan Leads Azura-Edo IPP Ground Breaking, Foundation Laying Ceremony
Azura Power Holdings Ltd, on Friday, conducted the official groundbreaking and foundation laying ceremony at the Azura-Edo Independent Power Project (IPP) in Benin, Nigeria. The ceremony was…
- 2 Dec 2014
IFC to Provide $80M Debt Financing to Azura-Edo Investment
IFC, a member of the World Bank Group, signed agreements to provide $80 million of debt financing to Azura Power West Africa Limited, a 450 MW gas-fired independent power project in Nigeria (the…
- 5 May 2014
Azura Power Completes Signing $1Bn 450MW Gas Turbine IPP
Azura Power Holdings Limited has completed the signing of the key industry contracts and confirmation on the debt financing of its flagship 450MW Azura-Edo Independent Power Project (“Azura-Edo IPP”)…
- 14 Oct 2014
NPDC, Seplat to Invest N32Bn on Azura Power Plant
The Nigerian Petroleum Development Company (NPDC) and Seplat Petroleum Development Company Plc Joint Venture will invest N32bn ($200m) on the Azura-Edo power plant, Mrs. Diezani Alison-Madueke, the…
- 10 Oct 2016
Actis $300m Investment Boosts Amaya Capital Azura Power Generation Platform
Amaya Capital, the African-focused principal investment firm is has announced over $300m of equity commitments in its power generation platform. The new investment follows the acquisition by growth…
- 21 Dec 2017
Azura Power’s First Turbine Connects To Grid
By peter oluka Wednesday, Azura Power’s first turbine was synchronized to the national grid and began producing electricity for distribution across the country. This is a red-letter day for the…
- 11 Feb 2016
Siemens at Maiden Customer Forum Hints on Energy Long Term Plan
Siemens, one of the world’s largest producers of energy-efficient, resource-saving technologies, today hosted its inaugural Forum for Power and Gas Customers in Nigeria. The objectives of the forum…
- 31 Jul 2014
Standard Chartered Bank to Dole Out $3Bn for Africa Power Projects
Standard Chartered, British bank, has pledged an additional $3bn to an initiative that aims to build power projects to improve electricity access in sub-Saharan Africa. The bank has put $2bn…