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MIGA Guarantees Financing For 20.0MW Solar-Plus-Storage Project In Malawi
- 28 Jul 2022
News: The Multilateral Investment Guarantee Agency (MIGA) has issued USD24.0.0mn guarantee to JCM Golomoti UK for equity and shareholder loan investment into Golomoti JCM Solar for the development, construction and operation of a solar-plus-storage project in Malawi. The 20.0MW facility will feature a 5.0MW/10.0MWh battery energy storage system. The 20-year guarantees will protect the independent power producer against the risks of transfer restriction and breach of contract, according to a press release from MIGA.
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