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NESCO Cascade Rehabilitation Project

Location

Plateau State

Sector

Renewable Energy

Stage

Feasibility Completed
Overview

Phased rehabilitation of Nigeria’s oldest operating hydropower system (in continuous service since 1929) — an eight-dam cascade in Plateau State serving 10,000+ existing customers, including 253 industrial and mining clients. Phase 1 (Kurra sub-system, ~11.5 MW) structured as an independently investable transaction, with active EBRD due diligence.

Investment Needs

$55 000 000,00

Investment Project Type:

Blended Finance

Invested Value to Date:

$8 000 000,00

Funding Gap:

$47 000 000,00

Climate Classification:

Cross-cutting

Why Investing

1
Sustainable Biomass-Based Product
Adsorb manufactures activated carbon from sustainable biomass, creating a commercially valuable product from renewable resources.
2
Energy-Efficient & Clean Technology
Uses a single-step conversion process designed to be energy-efficient and clean, with the potential to generate green energy.
3
Commercial & Environmental Sustainability
Combines sustainable production with a focus on profitability and return on investment, aligning commercial viability with environmental benefits.
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