News
22 May 2020

Engie’s Grand Bara solar project approved by Djibouti

In:
Renewable energy
Region:
Middle East & Africa

The Djiboutian government has approved and validated the €360 million Grand Bara solar photovoltaic power project.

The plant will be developed, built and operated by the French energy company Engie as part of a public-private partnership. It is being developed by Djibouti Wind Company, a special purpose company owned by four partners: Africa Finance Corporation; Climate Fund Managers, Great Horn Investment Holding, and the Dutch development bank FMO.

The preliminary phase of the project will have a capacity of 30MW and aims to increase the power supply in order to meet the electricity demand of the country. The energy produced will be fed into the grid of the state-owned company Electricité de Djibouti.

You might also like


Perspective
16 January 2026

Genneia’s 2nd green bond: DFI support for Argentina risk

The Argentinian renewables generator deftly navigated domestic instability in pricing its second green bond. But DFI support from FMO and Proparco was a vital help in getting...

Perspective
23 January 2026

Exile Group partners with Bridgepoint to support next level...

Exile Group welcomes Bridgepoint, a leading mid-market investor, which will take a minority interest in the leading provider of events and intelligence for the export, trade,...