Togo - Sokode Solar Power Plant Project (AFDB-P-TG-F00-003)

Regions
  • Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Togo
Geographic location where the impacts of the investment may be experienced.
Specific Location
Salimdè, near Sokodé
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Apr 30, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Sokodé Energie
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 29.40 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 29.40 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jun 24, 2025

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the AfDB (translated with DeepL.com), the photovoltaic park project in the village of Salimdè, near Sokodé will supply the public grid with renewable energy. It will increase the country's electricity production capacity, and will supply electricity origin renewable more than 700,000 people in Togo, for which access to electricity is currently limited.

In this way, the project contributes to the national strategy of access to electricity for all, and also to the promotion of renewable energies in the country's energy mix.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

According to the AfDB (translated with DeepL.com), on September 1, 2022, the Agence Togolaise pour l'Electrification Rurale et les Energies Renouvelables (AT2ER) launched a call for tenders for the design, construction, financing, operation and maintenance of a 42 MWac photovoltaic solar power plant located at Salimdé, in the central region of Togo, within the framework of the World Bank Group's Scaling Solar.

Meridiam was the only pre-qualified bidder to submit a bid for the Project in January 2023. This context and the need to develop this high priority project led AT2ER to cancel the tender procedure in order to proceed with direct negotiations with Meridiam, joined then by EDF.

To this end, Meridiam and EDF were selected to act as prime contractors for the project, and set up the project company Sokodé Energie, a simplified joint-stock company under Togolese law. On December 3, 2023, Sokodé Energie signed a 25-year Concession Agreement with the Republic of Togo for the design, construction, financing and operation of a photovoltaic solar power plant in central Togo.

As stated by Bloomberg, Meridiam SAS operates as an asset management firm. The Company specializes in public and community infrastructure. Meridiam serves clients globally.

Electricite de France (EDF) provides energy solutions. The Company produces, transmits, distributes, imports, and exports electricity. EDF serves customers worldwide.
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
Electricité de France (EDF) Client Energy contracts with Meridiam SAS Client Energy

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

AfDB Team Leader:

Matthieu Benoit Jalard
Email: m.jalard@afdb.org 

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.afdb.org/en/disclosure-and-access-to-information/request-for-documents. Under the AfDBÕs Disclosure and Access to Information policy, if you feel the Bank has omitted to publish information or your request for information is unreasonably denied, you can file an appeal at https://www.afdb.org/en/disclosure-and-access-to-information/appeals-process.

ACCOUNTABILITY MECHANISM OF AfDB

The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at: https://www.afdb.org/en/independent-review-mechanism/

How it works

How it works