African Infrastructure Investment Fund 3 (AIIF3)
|Location:||Nigeria, West Africa|
AIIM entered a Joint Development Agreement (JDA) with Proton Energy Limited (Proton) for the development of Proton’s maiden power project in Nigeria, the Proton Delta Sunrise Project.
The 150MW gas fired power plant will be viewed as one of the leading projects in the next wave of greenfield independent power projects (IPPs) being developed in Nigeria.
The project is expected to achieve financial close this year, and begin commercial operations in 2019.