Tanzania could see 100 MW of wind with the Wind East Africa’s Singida project, which could be the first wind energy power project in the country. The International Finance Corp. (IFC) has partnered with Aldwych and Six Telecoms to develop the farm, estimated to cost $285 million.
The partnership will finance $18 million during the development and $71 million in total equity. "IFC invested in Wind East Africa’s Singida farm to support a pioneering energy project that can serve as an example to the entire East African region," said Oumar Seydi, IFC Director for East and Southern Africa.
The farm will be owned by Wind East Africa and operated by a management company led by Aldwych and Six Telecoms.
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