GTBank, AFC, Mainstream sign $170m deal to finance Kainji Power

Guaranty Trust Bank Plc, NSE and multilateral financial institution, Africa Finance Corporation, AFC, have provided a US$170 million (N27.2 billion) facility to Mainstream Energy Solutions Limited Consortium, MESL, for the acquisition of Kainji Power station, one of the former assets of the Power Holding Company of Nigeria, PHCN. The signing of the syndicated acquisition facility […]

GTBank, AFC, Mainstream sign $170m deal to finance Kainji Power

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