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Africa Finance Corporation (AFC) |
Cabo Verde Inaugurates Major Expansion of Cabeolica Wind Farm and Battery Storage, Enabled by Africa Finance Corporation's (AFC) Catalytic Financing
The expansion delivers 13.5 MW of new wind capacity on Santiago alongside 26 MWh of battery storage across four islands
Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced the inauguration of the expanded Cabeolica Wind Farm and Battery Energy Storage System (BESS) in Cabo Verde- an achievement made possible through AFC’s catalytic €55million bridge financing provided in 2024. The ceremony, officiated by Prime Minister Ulisses…