InfraCredit Guarantees Local Currency Debt for CEESOLAR's Energy Project in Nigeria

InfraCredit, a credit enhancement institution, has provided a guarantee to CEESOLAR Energy Limited to mobilize local currency debt for an energy project in Cross River State. The project, financed through the Climate Finance Blend Facility (CFBF) and UK FCDO, aims to construct and commission solar hybrid mini-grids to electrify underserved communities, creating jobs and reducing carbon emissions.

This initiative contributes to Nigeria's electrification goals and sustainable development. InfraCredit's support demonstrates the power of partnerships in catalyzing private investment in climate-resilient infrastructure.