With Senergy and the Ten Merina plants, ENGIE, Meridiam and FONSIS now own and manage 4 solar plants in Senegal with a total production capacity of 120 MW, representing more than 50% of the country's solar capacity. The project company managing the concession over a 25-year period is hold by Meridiam (40%), ENGIE (40%) and FONSIS (20%), the Senegalese sovereign wealth fund. The Kahone and Kael solar power plants are expected to provide 540,000 people with cheap and renewable electricity, creating over 400 direct and indirect local jobs. For Mathieu PELLER, COO of Meridiam Africa: “After the Senergy and Ten Merina solar power plants, these projects are Meridiam's 3rd and 4th developments in Senegal. (www.Meridiam.com) (Twitter: @Meridiam https://bit.ly/2TrlQSp) (LinkedIn: Meridiam https://bit.ly/3c7J72b) (YouTube: Meridiam https://bit.ly/3wMoUak).

Source: The North Africa Journal May 31, 2021 17:37 UTC