InfraCredit – Infrastructure Credit Guarantee Company Limited

WHO WE ARE

InfraCredit provides local currency guarantees to enhance the credit quality of debt instruments issued to finance creditworthy infrastructure assets in Nigeria that conform with its eligibility criteria.

WHAT WE DO

ELIGIBILE SECTORS

GAS
DISTRIBUTION

Gas pipelines and bulk storage/logistical facilities and downstream gas processing and development
SOCIAL
INFRASTRUCTURE

The provision of economic and social infrastructure (e.g. housing, hospitals, education) within towns and cities.
INPUTS TO
INFRASTRUCTURE

Manufacture, construction of goods, equipment, or other basic materials or services used in provision of infrastructure.
AGRICULTURE

Infrastructure component of agro-industrial projects e.g. investments in agro-food processing/storage for agribusiness
POWER

The generation, transmission and/or distribution of electricity, including off-grid embedded power electrification.
RENEWABLE
ENERGY

Alternative energy and renewable energy technologies ranging from solar power, wind power, and hydroelectricity
WATER
DISTRIBUTION

Urban/rural fresh water production and treatment, bulk water supply and distribution
WASTE
MANAGEMENT

Solid waste disposal/collection, transportation and waste treatment, including waste recycling facilities
TRANSPORTATION

Fixed transportation infrastructure e.g. toll roads, bridges, rail, airports, ports and bulk storage/handling facilities
ICT/
TELECOMS

Local telephone services and IT network, internet solutions, voice, data center and cloud services to providers

GET INSIGHTS FROM OUR BROCHURE

Download our brochure for more information about our business

PROJECTS

Transitioning to a Low Carbon Economy

330 employees

600MW

NGN 8.5 billion

North South Power Company Limited (NSP) was established in 2012 to own and operate a diverse and growing portfolio of electricity generation businesses across Africa. In 2013, the company acquired a 30-year concession of the Shiroro Hydroelectric Power Plant from the Nigeria Bureau of Public Enterprises.

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Energising a Sustainable Economy

100 Direct & Indirect Jobs

50 Mega Watts

10 Billion

Nigeria, the largest economy in Sub-Saharan Africa with GDP of $405 billion and c.180 million people, has recorded remarkable growth (CAGR of 15%) since 2000). Nigeria’s aggregate electricity need has been estimated at c.180,000 Mega Watts (MW) to satisfy its domestic electricity demand.

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IS YOUR PROJECT ELIGIBLE?

NEWS AND UPDATES

Infracredit’s Guarantee Supports North South Power’s Issuance Of The First 15-Year Corporate Green Infrastructure Bond In Nigeria (2/28/2019) - InfraCredit is pleased to announce its guarantee… ...
Africa Finance Corporation (AFC) Invests US$25 Mln Equity In InfraCredit (12/20/2018) - Infrastructure Credit Guarantee Company Limited (“InfraCredit”) is… ...

LATEST TWEETS

TCN targets capacity of 10,000MW: The Transmission Company of Nigeria (TCN) is planning to raise the transmission wheeling capacity of the power grid to 10,000 megawatts (MW) as it moves to achieve its target by re-conducting seven critical lines nationwide this year.

Power: Discos settle fines as FG reconnects firms: The Federal Government has reconnected three power distribution companies to the national grid and has lifted the suspension it slammed on the power firms after the Discos paid the stipulated fines attached to the infractions they committed, as well as fixed the deficiencies in their respective systems.

Discos’ low demand hits Egbin, nine other power plants: Ten out of the nation’s 27 power plants saw their total output reduced by 1,664 megawatts on Thursday as a result of low demand by power distribution companies, data obtained from the Transmission Company of Nigeria showed.

AEDC: Obsolete Equipment Responsible for Power Outage: Barely two weeks after youths in Niger State asked the Abuja Electricity Distribution Company (AEDC) to “pack and go” from the state over alleged non-performance, the AEDC has said that it has not been making profit since it started operation in its franchise areas five years ago.

Nigeria taps mini-grids to power universities: Four Nigerian universities are in the final stages of abandoning the country’s main grid to be fully powered by mini-grids. Nigeria aims to use more mini-grid technology to power its people by tapping a US$550 million World Bank loan.

We have invested N900bn in power since we assumed office – Osinbajo: Asaba – Vice President Yemi Osinbajo says the present administration has invested N900 billion in the power sector since its assumption of office in 2015.

BPE: Nigeria’s Power Sector Can Be Salvaged: The Bureau of Public Enterprises (BPE) has said that Nigeria’s electricity sector reform that saw the privatisation of the generation and distribution companies of defunct Power Holding Company of Nigeria (PHCN) but now facing difficulties can still be revived.

Varsities get N368.4m software for oil sector training: Six universities have received high-tech seismic software worth over US$1.2m (N368.4m at the official exchange rate of N307 to one dollar) to help boost the training they give to students and operators in the oil and gas sector.

Otakikpo Marginal Field: Green Energy Signs US$350m Financing Deal: Green Energy International Limited, (GEIL), the operator of the Otakikpo Marginal Field OML 11 in Rivers State, has disclosed that it has signed a memorandum of understanding (MoU) with a consortium of international companies including an oil service giant, London-based international bank, prominent crude oil off-taker, and EPIC contractor, for the second phase development of the field involving a total package of US$350 million.

FG, IOCs adopt new strategies to end gas flaring: Nigeria has vast gas resources and the development of this commodity has been one of the major policy thrusts of successive administrations. Similarly, oil and gas companies operating in Nigeria have been partnering the government, particularly through the Nigerian National Petroleum Corporation, to develop the country’s gas resources.

Seplat to increase shareholders’ value with US$700 million gas investment: As part of efforts to increase shareholders’ return on investment, Seplat Development Company Plc has announced plans to accelerate the development of its US$700 million ANOH investment to deliver first gas by the first quarter of 2021.

DPR shuts 17 illegal LPG outlets in Ibadan: The Department of Petroleum Resources in Ibadan said on Monday that it closed down 17 illegal LPG skid in Ibadan and issued warning to nine filling plants in the second quarter of 2019.

FG Targets US$1bn Revenue from New Gas Flare Policy: The federal government has said its new gas flare out plan – the Nigeria Gas Flare Commercialisation Programme (NGFCP) – has the capacity to improve the country’s Gross Domestic Product (GDP) by US$1 billion annually.

Ethiopian Airlines to establish international carrier for Nigeria: Ethiopian Airlines on Friday announced that it had been meeting with the Federal Government and private sector players on plans to establish an international carrier for Nigeria.

FG gets India’s US$100m loan for broadband project: Nigeria’s aspiration for universal Internet coverage and broadband expansion has received a boost with the materialization of a US$100 million loan from the Indian government.

AWARDS & RECOGNITION

Harvard-Business-Review-Case-Study

HARVARD BUSINESS REVIEW

Infrastructure in Nigeria: Unlocking Pension Fund Investments

Case Study by John D. Macomber and Pippa Tubman Armerding

Corporate Finance Awards 2018 – Most Innovative Infrastructure Finance –
Sub-Saharan Africa 2018

See Award Details

Development Partners