Cabeolica S.A.

Cabeolica Phase II Expansion Project - AfDB Financing

Borrower(s)
Cabeolica S.A.
Industry
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Cape Verde

Project Overview

AfDB has approved €19.6 million ($22 million) in financing to support the Cabeolica Phase II Expansion Project in Cabo Verde. The financing is for the scaling-up of wind power generation and installation of battery energy storage, marking the country’s first such large-scale investment in...

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Deal Volume
$22.63m
Financial Close
16/06/2025
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Tranches

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Project Deals

Cabeolica Phase II Expansion Project
$22.63m
Greenfield
Onshore wind + bat storage
Africa
Africa
Cape Verde