AXIAN Energy Secures $90 Million Financing for Solar Plus Storage Projects
The Kolda solar project is expected to reach completion in 2026.
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AXIAN Energy, a renewable energy project developer, secured €84 million (~$89.69 million) financing for two solar plants with energy storage systems in the southern Senegalese region of Kolda. A group of lenders comprising the Dutch entrepreneurial development bank FMO, the Emerging Africa & Asia Infrastructure Fund (EAAIF), and Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) provided the funding.
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