Lafarge's $400mn power plant to start in October 2015

Lafarge Africa (Lafarge)'s newly-built US$400 million (€369.29 million) power plant in Ogun State in Nigeria is likely to start operation in October 2015. The 220MW power plant would benefit 1.4 million households and help mitigate energy problems of many companies in the country. The project was carried out in collaboration with Wartsila and the International Finance Corporation (IFC), according to Guillaume Roux, CEO of Lafarge Nigeria. The financial and advisory services for the plant would be

Quarry Products / July 23, 2015

Lafarge Africa (725 Lafarge)'s newly-built US$400 million (€369.29 million) power plant in Ogun State in Nigeria is likely to start operation in October 2015.

The 220MW power plant would benefit 1.4 million households and help mitigate energy problems of many companies in the country.

The project was carried out in collaboration with Wartsila and the 6068 International Finance Corporation (IFC), according to Guillaume Roux, CEO of Lafarge Nigeria.

The financial and advisory services for the plant would be provided by IFC through its Global Infrastructure Project Development Fund, InfraVentures.

Wartsila, on the other hand, would take care of the construction and management of the plant.

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Lafarge

International Finance Corporation