PROJECTS

Raising Viability Gap Funding for Biomass Plant, Côte d’Ivoire

The problem

Meridiam (a private equity firm) was investing in a 46 MW biomass power plant in Côte d’Ivoire, but the government’s tariff expectation left the plant with a viability gap that could only be closed with a grant or highly concessional loan.

How we helped

Castalia reviewed the market and identified 50 organizations that could, in principle, provide viability gap funding. We screened these organizations against criteria such as project types they targeted, speed of decision-making, and type of funding offered. The screening enabled us to shortlist the seven organizations most likely to provide viability gap funding.

Impact

The project team has raised the debt for the project, and has moved on to securing the viability gap funding, following the strategy we recommended.

The client

Our team

Andrew Sprott

Practice Leader

David Ehrhardt

Chief Executive

Lisa Tessier

Renewable Energy Specialist

Find out more

SIFCA: A loan to support the agribusiness industry in West Africa

View more Castalia projects

How can we help you?

How can we help you?

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia

AUCKLAND
+64 (4) 913 2800
Sinclair House, 3 Glenside Crescent
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (0)1 85 64 10 22
3B Rue Taylor
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-121
Colombia

Thinking for a better world.

PROJECTS NEWS BLOG CONTACT

© Copyright 2019 Castalia. All rights reserved. Terms | Privacy | Credits | Sitemap

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia

AUCKLAND
+64 (4) 913 2800
74D France Street, Newton South
New Zealand

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia

Thinking for a better world.

PROJECTS NEWS BLOG CONTACT

© Copyright 2019 Castalia. All rights reserved.

Terms | Privacy | Credits | Sitemap