NOR Green Investments Limited, a subsidiary of NOR Group, has officially broken ground on a 50-megawatt solar photovoltaic (PV) farm in Katsina State, northern Nigeria. The project represents one of the largest privately-financed renewable energy developments in the region.
Project Overview
The solar farm will be developed across 120 hectares of land and is expected to generate approximately 85,000 MWh of clean electricity annually — enough to power over 40,000 homes and reduce carbon emissions by an estimated 45,000 tonnes per year.
The project is structured as a Build-Own-Operate (BOO) model, with NOR Green Investments retaining long-term ownership and operational responsibility. Power generated will be sold under a 20-year Power Purchase Agreement (PPA) with the Nigerian Bulk Electricity Trading Company (NBET).
"This project demonstrates NOR Group's commitment to translating national energy policy into tangible infrastructure. We are delivering clean, reliable power where it is needed most." — Mr. Nurudeen Yakubu, Group CEO
Financing Structure
The project's capital structure includes a combination of equity from NOR Green Investments, senior debt from a consortium of Nigerian commercial banks, and concessional financing from an international climate fund. NOR Capital Partners played a key role in structuring the blended-finance arrangement.
Community Impact
Beyond electricity generation, the project is expected to create over 300 construction jobs and 50 permanent operational positions. NOR Group has also committed to a community development programme that includes skills training, local procurement, and educational support for surrounding communities.
The solar farm is expected to reach commercial operation by Q4 2027, with phased energisation beginning in Q2 2027.