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Phoenix Edison Limited

Location

Ozubulu, Nigeria

Sector

Energy

Stage

Pre-feasibility
Overview

Phoenix Edison is developing waste-to-energy solutions across Africa’s rapidly growing cities beginning with our most mature opportunity in Anambra State in Nigeria. The greenfield project will process 270,000 tons per annum of municipal solid waste. The project installed capacity is 24MW gross (20.16MW Net) and with a total project cost of US$150 million.

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Investment Needs

$139,000,000

Investment Project Type:

PPP

Invested Value to Date:

$70,000

Funding Gap:

$139,000,000

Why Investing

1
Holistic Solution for Energy Poverty and Waste Managemen
The venture simultaneously addresses two critical issues—energy poverty and waste management—providing a comprehensive solution that benefits communities and supports sustainable development.
2
Catalyst for Waste-to-Energy Sector in Africa
By tapping into the largely untapped waste-to-energy sector, this investment has the potential to lead the way in transforming waste into valuable energy resources, driving innovation and economic growth in the African region.
3
Attractive Returns with Climate Mitigation Benefits
The venture not only offers promising financial returns for investors but also contributes significantly to climate mitigation efforts, aligning profit motives with environmental responsibility and sustainability.
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Noble Ekajeh
Managing Director
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