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BII, FMO, Proparco and Frontier Energy co-invest in Planet Solar, Sierra Leone’s first large-scale grid-connected solar IPP

Planet Solar_Koidu-Proparco
Development Finance Institutions, British International Investment ("BII"), FMO, and Proparco, and renewable fund manager Frontier Energy today announced a co-investment of over $52 million for Planet Solar, a greenfield 50MW solar power project in Sierra Leone, developed by Frontier Energy and Planet One. The co-investment enables the development of a critical project that stimulates investment in renewable energy - responding to the urgent need for access to clean, affordable and stable power.
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Dakar Mobilité secures financing for the first-ever 100% electric BRT bus system in sub-Saharan Africa

brt dakar bus proparco meridiam durable propre sénégal
Dakar Mobilité, a Senegalese company owned by Meridiam and the Fonds souverain d'Investissements stratégiques du Sénégal (FONSIS), has raised €135 million needed to deploy Dakar's future electric BRT bus network. Proparco, EAIF, PIDG TA (Technical Assistance) and the European Union (EU) joined forces to secure the financing.
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