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Eligibility Criteria

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  • Eligibility Criteria

Eligible Sectors

Asset 9

Gas to Power

Gas pipelines, storage/logistical facilities, downstream gas processing and development.

Asset 12

Social Infrastructure

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

Asset 3

Inputs To Infrastructure

Construction, manufacturing of goods, equipment or other basic materials and services used in provision of infrastructure.

Asset 6

Agriculture

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

Asset 7

Power

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

Asset 2

Renewable Energy

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

Asset 4

ICT/ Telecom

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

Asset 8

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.

Asset 5

Water Distribution

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

Eligibility Criteria

By adopting a ‘zero loss underwriting policy’ InfraCredit will only underwrite a portfolio that contains lower potential default frequency and loss severity characteristics.

ELIGIBLE TRANSACTIONS

  • Naira denominated

  • Debt Instrument (including Sukuk}

  • Must be an eligible Infrastructure Activity

  • Acceptable Credit Profile based on InfraCredit's internal credit assessment

  • Asset value is not directly linked to oil 

  • Adequate Security Package

  • Debt Tenor of up to 25 years

  • Satisfies InfraCredit's Environmental and Social Safeguards Standards

  • Is not on InfraCredit’s Project Exclusion List

  • Issuer is PENCOM Compliant

ELIGIBLE INFRASTRUCTURE ACTIVITY

  • Agricultural Infrastructure

  • Energy

  • Electricity Generation, Transmission and Distribution

  • Gas to Power

  • ICT Telecoms

  • Inputs to Infrastructure

  • Power

  • Transportation

  • Urban infrastructure including social & economic infrastructure e.g. housing, hospitals

  • Waste Management Services

  • Minimum “bbb”

ELIGIBLE ENTITIES

  • Special Purpose Vehicles/ Companies

  • Operating Infrastructure Companies

  • Privatised Companies

  • Parastatals or Public Corporations

Please read Eligibility Criteria, download and complete the Preliminary Information.

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