For Africa, by Africa

RMB lead the financing for the $900-m Cenpower electricity plant in Ghana.

RMB arranged, structured and underwrote the commercial debt financing and hedging for this 350MW gas-fired combined cycle power station, including associated substation, fuel treatment infrastructure and working capital.

This unique project (which will add significant capacity to Ghana’s electricity network) is being developed, constructed and financed primarily by African sponsors, shareholders, contractors and lenders — making it the first of its kind in West Africa.

RMB provided a robust and innovative export credit funding package for a transaction that demonstrates the willingness and ability of African players to help boost Ghana’s long term economic growth.