Grovesnor Energy Nigeria Limited – Renewable Energy Plants

Grovesnor Energy Nigeria Limited – Utility-Scale Renewable Energy Development

Institutional Overview

Grovesnor Energy Nigeria Limited is NCDF Invest’s utility-scale renewable energy platform, structured to deliver large-capacity solar power projects that strengthen Nigeria’s national grid stability, industrial competitiveness, and climate resilience. The platform directly supports Nigeria’s Energy Transition Plan 2060 and national carbon reduction targets.

Project Highlights

Flagship Programme: National Utility-Scale Solar Energy Development Programme

  • Total Planned Capacity: 100 MW
  • Initial Project Sites: Edo State, Nasarawa State, and other identified industrial clusters
  • Power Off-taker Models: Industrial Users, Government Facilities, and DisCo Grid Injection
  • PPP Structure: Federal and State Level Energy Development Agreements
  • Development Status: Land Acquisitions Completed; Technical Design Finalized; PPA Negotiations Advanced

Strategic Investment Focus

  • Utility-Scale Solar Photovoltaic (PV) Power Plants
  • Grid-Connected Renewable Energy Development
  • Industrial Zone Energy Stabilization
  • Public-Private Partnership Power Projects (IPP Structures)
  • Climate Finance & Green Bond Integration
  • EPC Partnerships with International Technical Operators

Development Impact

  • National grid stability and reduced power deficit
  • Industrial sector power cost optimization
  • Estimated carbon reduction: Over 75,000 tons CO₂ annually
  • Creation of over 600 technical and operational jobs during construction & operation
  • Strengthening Nigeria’s Energy Transition Pathway to 2060 goals

Governance & Oversight

  • Fully owned utility energy subsidiary of NCDF Investment Management Plc
  • Governed by NCDF Invest Board and Energy Investment Committee
  • SEC Nigeria fund governance and capital markets compliance
  • PPP contracting frameworks with Federal & State Energy Ministries
  • Full risk management, engineering due diligence, and compliance controls

Contact & Inquiry

For power sector PPP partnerships, EPC technical collaborations, or green finance investment inquiries, contact:

NCDF Invest Portfolio Management

Email: [email protected]

Tel: +234 70 1888 8063