Absa Bank Ghana Plans $24 Million Solar Plant Investment

Absa Bank Ghana will be providing a $24 million finance package for the development and construction of a 100-MW solar plant in Ghana. This is the Bank’s first green loan.

In a social media post, the bank stated “We are taking the lead in empowering a sustainable future and strengthening Ghana’s energy capacity.”

The project is being developed for Bui Power Authority (BPA) with local renewable energy specialist firm Meinergy taking the lead on construction.

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