Nachtigal Hydro IPP | Accountability Console
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Nachtigal Hydro IPP

Sectors

Energy

Description:

Projects in this Sector: 222

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Issues Raised

Community health and safety

Description:

Projects with this Issue Raised: 336

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Consultation and disclosure

Description:

Projects with this Issue Raised: 495

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Cultural heritage

Description:

Projects with this Issue Raised: 113

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Displacement (physical and/or economic)

Description:

Projects with this Issue Raised: 440

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Due diligence

Description:

Projects with this Issue Raised: 456

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Environmental

Description:

Projects with this Issue Raised: 366

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Gender-based violence

Description:

Projects with this Issue Raised: 14

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Livelihoods

Description:

Projects with this Issue Raised: 319

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Pollution

Description:

Projects with this Issue Raised: 219

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Project Information

Investment ID: 13075

Bank: IFC/MIGA

Environmental Category: A

Country: Cameroon

Region: Sub-Saharan Africa

Approval Date: May 24, 2018

Investment Types: Risk Guarantee

Total Project Cost: EUR 164.5 million

Total Complaints: 1

Description

On December 21, 2018, MIGA agreed to issue guarantees of up to €164.5 million (US$187.9 million) covering EDF and STOA’s equity and quasi-equity investments in the Nachtigal project. The guarantees are issued for up to 15 years against the risk of Breach of Contract. The project consists of the development, construction and operation of a 420 megawatt (“MW”) run-of-the-river hydropower plant on the Sanaga River in the central region of Cameroon, about 65 kilometers (“km”) north-east of Yaoundé.

Investments

Investment Type ID Amount Status Bank Client
Risk Guarantee 13075 EUR 164.5 million Active IFC

Related Complaints

IFC/MIGA CAO Complaints IAM Country Date Filed Status
Nachtigal Hydropower Co-01 IFC CAO Cameroon 19/04/2022 Active