Publication date: 26 November 2020
Submission date: 10 December 2020
Category: Consultancy
Country: Nigeria
Entity: World Bank Group
Description: IFC is conducting an initial project preparation phase for a renewable energy platform in Nigeria, which focuses on embedded solar PV generation and distribution franchises. The platform is expected to be implemented alongside a local financial partner. For this purpose, embedded generation refers to generation projects under 20 MW connected and evacuated through a distribution network.
In this project preparation phase, IFC is seeking a financial advisor to recommend an optimal financial structure for the renewable energy platform. The assignment will include a market assessment (including sizing up the investment opportunity), portfolio strategy analysis, funding & capital structure optimization (at both the platform and project levels), investor sounding, any relevant governance considerations, and recommendations on issues related to the creditworthiness of the DisCos, local currency financing, and other implementation risks that may be identified in this phase.