Tag Archives: bio mass

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Seven Energy Seals $200M World Bank Gas Financing Deal

Seven Energy Seals $200M World Bank Gas Financing Deal

Independent integrated oil and gas development, production and gas distribution company, Seven Energy, has concluded a $200 million gas development deal with the World Bank. The Multilateral Investment Guarantee Agency (MIGA), a political risk insurance and credit enhancement arm of the World Bank Group, said the deal is its first engagement in Nigeria’s gas sector.

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Renewable Energy to generate 2, 000mw of electricity in 2020

The Nigeria Electricity Regulatory Commission (NERC) has stated that through regulation, the renewable energy would generate 2, 000mw of electricity in the year 2020 According to the statement from NERC Public Relations Affairs, “the law, Feed-in Tariff Regulations for Renewable Energy Sourced Electricity in Nigeria”, was approved at the last regulatory meeting of the Commission.

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