Ten Merina Ndakhar (Tenergy)

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The loan – offered alongside BIO’s French counterpart Proparco – to the Ten Merina Ndakhar (Tenergy) project aims at financing the development, construction and operation of a photovoltaic power plant of 20 MWAC capacity over a 25 years period. The solar project is located on 83 hectares in the commune of Merina Ndakhar (Thiès Region), about 120 km north-east of Dakar, Senegal. All the electricity produced will be sold to the Senegal National Company of Electricity (SENELEC) in accordance with the terms of the power purchase agreement signed between the parties.