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Osun, French company sign N8 billion solar plant agreement

Osun, French company sign N8 billion solar plant agreement

byPremium Times
October 18, 2015
1 min read

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The Osun Government and France have signed an agreement to build a 35million Euros (N8 billion) 13 megawatts solar plant in the state.

France’s Ambassador for Climate Change, Stephane Gompertz, said in Abuja on Sunday that the project was the first of such magnitude to be signed in Nigeria.

Mr. Gompertz said the agreement was signed on Friday by the Osun Governor, Rauf Aregbesola and a French company, Vergnet, adding that France was supporting Nigeria in the area of renewable energy.

“As far as new and renewable energy are concerned, the French Agency for Development helps finance through credits, projects in new and renewable energy.

“On Friday morning, I was with the French Ambassador in Abuja. We were received by the Governor of Osun State. We signed an agreement with a French company called Vergnet.

“Vergnet will build a solar plant of 13 megawatts, which is quite big for a solar plant. And as far as I am concerned, this is the first project of such magnitude to be signed here in Nigeria.

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