By Babajide Komolafe
Access to long-term and competitively priced funding, off-taker credit strength as well as loan and security documentation acceptable to international lenders have been identified as some of the key issues which local and international banks will seriously consider when evaluating financing proposals for transactions in Nigeria’s power sector.
Other issues to be considered by banks are proven technology, regulation, tariff regime, availability and price certainty of feedstock (fuel), standardization of (bankable) power purchase agreements, and