- Westa Solar receive a €1.5 million loan from OeEB.
- The firm will use the loan to accelerate solar projects in Nigeria.
Westa Solar, a provider of solar power solutions to commercial and industrial firms in West Africa, has received a €1.5 million mezzanine loan from the Austrian Development Bank (OeEB).
Through this loan facility, Westa Solar would be able to speed up the construction of solar projects in Nigeria, lowering energy costs and emissions for commercial and industrial clients.
Kolawole Akinboye, Westa Solar’s Country Manager in Nigeria explained, “As a C&I solar developer, we have a mission to make a significant difference in Nigeria by addressing the energy demands of manufacturers and heavy industries. This installation is just another step in that direction,” says the company. Our systems are completely tailored to the needs of our customers. We help our clients’ businesses expand and profit in the future by delivering a stable supply at a competitive price.”