OUR HERITAGE
Sun Africa
€523MM Capital Raise, Advisory, and Modeling Services to the Government of Angola
Delphos assisted a joint venture in arranging financing for the Government of Angola to deploy a PV solar portfolio of approximately 350 MW in seven separate sites with total project costs of €523MM. The joint venture is comprised of Sun Africa LLC, a utility-scale solar project developer and off-grid solution provider, and M. Couto Alves, part of the EPC conglomerate.
Sector
Energy and Natural Resources
Amount Raised
€523,493,007
Deal Type
Capital Raising
Unique Challenge
Reduce Angola's's dependence on fossil fuels
Sub-sector
Solar PV
Year
2018
Type of Financing
Debt
Deal Impact in Numbers
350MW Installed capacity
Lender
Swedish Export Credit
SDGs


Borrower
Ministry of Energy and Water of Angola
Deal Impact in Lives
The project will have an impact on both local energy security and the country's carbon footprint
Location
Angola

