REPP 2 secures senior debt financing for Prado Power’s solar mini-grid expansion in Nigeria

The Renewable Energy Performance Platform 2 (REPP 2), a private debt fund managed by climate and clean energy investment manager Camco , has provided a senior debt facility to Abuja-based developer Prado Power. The capital injection will directly fund the construction and operational deployment of five solar photovoltaic (PV) mini-grids equipped with battery energy storage systems (BESS) across rural Nigeria. Project & Financing Profile The project targets communities in Benue and Nasarawa state