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Ikomi

$200m Power Plant Gets Debt-to-Equity Finance Structure

$200m Power Plant Gets Debt-to-Equity Finance Structure

THE prospective investors of the 500 megawatt gas-powered plant in Sapele, Delta State- Proton Energy, said the outfit’s initial capacity is projected to cost approximately $200 million and would be funded on a project finance structure of 70 per cent debt and 30 per cent equity basis. The funding, according to the company, would also

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