Wednesday, April 14, 2021

Sunon Asogoli Power To Build 200MW Power Projects In Sierra Leone

THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings’ Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

Sunon Asogoli Power To Build 200MW Power Projects In Sierra Leone

  • 07 Apr 2021
  • Sierra Leone
  • Infrastructure

News: Sunon Asogoli Power Ghana, owned by Shenzhen Energy Group Company and China African Development Fund, plans to build nearly 200MW of power projects at an estimated cost of USD700mn in Sierra Leone (Africa Inc). The plans include the construction of a 20Mwp-50MWp solar photovoltaic project in Freetown with completion expected within one year. The plans also include the construction of the 160MW Bengongor Hydro Power plant which is likely to be completed in four years. The Ministry of Energy of Sierra Leone and Sunon Asogoli have already signed a memorandum of understanding for the projects on March 29.

This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 (‘FSG’). FSG is an affiliate of Fitch Ratings Inc. (‘Fitch Ratings’). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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