The deal is expected to build a portfolio of mini-grids connecting over 150,000 people to electricity in Nigeria.
In October, CrossBoundary Energy Access and ENGIE Energy Access Nigeria, signed the largest mini-grid project finance transaction in Africa to build a pipeline of mini-grids in Nigeria over the next four years.
In a statement by ENGIE Energy Access Nigeria, over 150,000 people in communities that have never been connected to the national grid will now be supplied with electricity.