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    Summary sheet

    Release date
    8 September 2025
    Status
    Reference
    Under appraisal | 20/02/2025
    20240510
    Project name
    Promoter - financial intermediary
    ENERGY EFFICIENCY TELECOM - SUB SAHARAN AFRICA
    IPT POWERTECH GROUP (HOLDING) SAL
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    EUR 100 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project will finance energy efficiency projects developed by IPT Powertech in Sub-Saharan Africa.

    The aim is to modernise the energy facilities serving cellular telecommunications towers and datacentres across several countries in the Region.

    Environmental aspects
    Procurement

    Each facility to be financed will likely be very small and should have very little negative impact on the environment. However, the developer will be contractually bound to carry out the works and ensure maintenance activities in accordance with the national legislation in force and the principles of the European directives. The implementation of the project does not require an Environmental Impact Assessment (EIA), as defined in the EIA Directive 2014/52/EU, amending Directive 2011/92/EU. The cumulative impact could instead generate significant environmental benefits. The project, which involves the installation of solar panel and battery power systems to complement or replace diesel generators, is expected to save fuel (diesel) and reduce CO2 emissions.

    The promoter shall ensure that implementation of the project will be done in accordance with the EIB's Guide to Procurement.

    Under Global Europe NDICI guarantee

    Under EFSD+ Guarantee

    Milestone
    Under appraisal

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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