Nigeria: Power Stations

(asked on 24th February 2021) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, which Independent Power Plants (IPP) and Captive Power Plants (CPP) in Nigeria are now owned by the UK Government as a result of CDC's acquisition of a majority stake in CPGNL Limited.


Answered by
James Duddridge Portrait
James Duddridge
This question was answered on 3rd March 2021

CDC has a 70% stake in Globeleq. Globeleq acquired a 74% stake in CPGNL Limited on 24 December.

CPGNL Limited comprises 11 power plants with a total generating capacity of 57 Megawatts (MW); further details are commercially sensitive.

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