Genser Energy has secured €456 million in term and revolving credit facilities to support ongoing energy infrastructure projects and expansion in Ghana and other West African markets.
The financing was arranged by FirstRand Bank Limited through its Rand Merchant Bank division, Absa Bank Limited and Standard Bank of South Africa Limited.
According to a statement issued by the company and shared with the media, the facilities would provide working capital for the completion of ongoing engineering, procurement and construction projects.
The financing would also strengthen the company’s balance sheet and provide additional financial flexibility to support its expansion plans.
Genser said the funds would support continued investment in Ghana while advancing its expansion into Côte d’Ivoire and other strategic markets in the sub-region.
Mr Baafour Asiamah-Adjei, Chief Executive Officer of Genser Energy, said the financing demonstrated the confidence of the company’s financial partners in its long-term growth strategy.
“Since day one, Genser has taken a long-term approach to building energy infrastructure across West Africa,” he said.
He said the company would continue investing in large-scale energy infrastructure to provide reliable power and support industrial development across the region.
The company said the latest financing followed a US$428 million corporate refinancing secured in Ghana and a €200 million equipment loan facility secured by Genser Energy Côte d’Ivoire in 2025.
Genser also announced plans to commission its Gas Conditioning Plant and the Takoradi Natural Gas Liquids Export Terminal later this year.
The company currently has more than 334 megawatts of installed generation capacity and operates a 436-kilometre natural gas pipeline network in Ghana.
It supplies power to industrial customers and utilities and participates in cross-border electricity exports within the West African region.
