
InfraCredit’s Guarantee Supported by UK-Funded Climate Finance Blending Facility Mobilises Local Currency Debt Issue for Solar Powered Rural Telephony Project in Nigeria
Lagos, 07 August 2023: InfraCredit, a ‘AAA’-rated specialised infrastructure credit guarantee institution, is pleased to announce the credit enhancement of Hotspot Network Limited’s debt issue, under a co-financing arrangement with the £10 million Climate Finance Blending Facility (the “Climate Facility”) funded by the United Kingdom Foreign, Commonwealth and Development Office (FCDO), the second transaction under the Facility.