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Strategic Solar Development in Nigeria

TENUX is delivering two transformative renewable energy projects in Nigeria under the World Bank's Distributed Access through Renewable Energy Scale-up (DARES) Programme. A $750 million initiative bringing new, reliable electricity to 17.5 million Nigerians. Working alongside a key client, TENUX has supported both projects end-to-end: feasibility, technical and commercial advisory, capital raising, and project delivery. The first project is under construction, with initial mini-grids delivered in 2026. The second is in its capital raising phase, with construction expected to begin in Q1 2027. As a trusted renewable energy advisor and co-developer, TENUX helps clients build bankable solar projects, secure investment, and deliver resilient energy infrastructure with lasting social, environmental, and economic impact.

PHASED ROLLOUT

Solar Energy Field
Mini Grid Portfolio 1

Location

Nigeria

Technology

Solar PV + BESS

Size

80 MW 
160 sites
$80m CAPEX 

TENUX Role

Pre-Development Support, Capital Raising Services, Procurement Services, Project Delivery Support

Phased Rollout - 11 of 160 Sites Live

FUNDING

Mini Grid Portfolio 2

Location

Nigeria

Technology

Size

90 MW
180 sites
$90m CAPEX

Solar PV + BESS

TENUX Role

Pre-Development Support, Capital Raising Services, Procurement Services, Project Delivery Support

Capital Raise in Progress

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