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Sendou Power

Senegal has been unable to meet peak energy demand since 2004, with frequent load-shedding, black-outs and brown-outs.  As such the ICF-Debt Pool Fund agreed to finance a new base-load coal fired power plant near Dakar. This commitment was entered as a bridge to enable the project closing to occur before certain critical contractual deadlines expired. The African Development Bank had had a hard time attracting lenders to the syndicate due to country and commercial risk, and the ICF loan was important to complete the syndication.

See PIDG Results Monitoring Database - Project View for Development Impact