Nigerian Breweries Plc (NB) and CrossBoundary Energy have announced the signing of Heineken’s first solar project in Africa, a pact that will see the latter installing and operating a 650 kW solar plant at the brewer’s Ibadan Brewery, later this year.
Under the pact, CrossBoundary Energy will operate the facility on behalf of Nigerian Breweries as part of a 15-year solar services agreement. Hence, NB will only pay for solar power produced, receiving a single monthly bill that incorporates all maintenance, monitoring, insurance and financing costs…
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News Archive from before July 2018