GreenYellow SAS secures US$5m from MIGA for construction of 30MWp solar PV energy facility

BURKINA FASO – Multilateral Investment Guarantee Agency (MIGA), an international financial institution, has issued a guarantee for US$5.19 million to GreenYellow SAS of France, a renewable energy company. The funding will cover GreenYellow’s equity and quasi-equity investments into Société de Production d’Energie Solaire de Ouagadougou SAS (SPES Ouagadougou) for a period of up to 20 years. The SPES Ouagadougou project consists of the construction, ownership, operation and maintenance of a solar PV energy facility that will ultimately produce 30MWp of power. The electricity output will be sold to Société Nationale…

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