50MW BWENGU SOLAR PLANT

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Location

Malawi

Sector

Energy Storage

Stage

Implementation

Overview

Company: Chentchi Investment

CHENTCHI Investments is seeking $92.5 million in debt financing to acquire and complete the 50MW Bwengu Solar PV Project in Malawi’s Mzimba District. Leveraging over a decade of expertise in renewable energy engineering, the company will take over the implementation of this utility-scale site from Quantel Renewable Energy Ltd. The project includes a secured 105-hectare site and an existing Power Purchase Agreement (PPA) with the Government of Malawi to address the nation’s growing energy needs.

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Investment Needs

$50M - $100M

Investment Project Type:

PPP

Invested Value to Date:

$8,000,000

Funding Gap:

$92,500,000

Climate Classification:

Mitigation

Why Investing

Stable $12M Annual Revenue

Secured by a long- term, government-backed PPA, ensuring predictable cash flows, high operating margins, and reliable debt-service coverage.

Significantly De-Risked Asset

Major milestones— including the PPA, a 105- hectare secured site, and early development phases—are already complete, reducing timelines and enhancing bankability.

High-Demand Infrastructure

Addresses Malawi’s critical power shortages with 50MW of capacity, offering a socially transformative investment that aligns with national energy security and global sustainability goals.

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