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ACOB Lighting Technology Limited

ACOB Lighting Technology Limited delivers sustainable power solutions across Nigeria. We specialize in mini-grid systems, solar installations, and energy storage solutions that empower homes, businesses, and communities with reliable, clean energy.

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Services

  • Mini-Grid Solutions
  • Captive Power Solutions
  • Professional Energy Audit
  • Engineering Procurement & Construction
  • Streetlighting Infrastructure
  • Operations and Maintenance

Contact

+234 704 920 2634+234 803 290 2825info@acoblighting.cominfoacob@gmail.com

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InfraCredit

InfraCredit

Strategic Infrastructure Financing Partnership
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Partners
InfraCredit

Partnership Overview

In January 2024, InfraCredit provided credit enhancement for ACOB Lighting's NGN 755 million (£10 million) 7-year Series 1 Fixed Rate Guaranteed Senior Green Infrastructure Bond. This financing, blended with a subordinated concessionary loan from the UK's FCDO, supports the construction and operation of isolated solar hybrid mini-grids in seven communities across Edo and Ondo States. The projects have a total solar PV capacity of 335 kW and will electrify up to 3,597 households and small businesses, create approximately 868 jobs, and reduce GHG emissions by 352 tonnes. This bond was recognized as the Best Social Bond in Africa at the EMEA Finance Achievement Awards for 2024.

Key Achievements

  • NGN 755 million green infrastructure bond financing
  • 335 kWp solar capacity across 7 communities in Edo and Ondo States
  • 3,597 households and businesses electrified
  • 868 jobs created
  • 352 tonnes GHG emissions reduced
  • Best Social Bond in Africa 2024 (EMEA Finance Awards)
  • Climate Bonds Standard certified
Financial
InfraCredit

InfraCredit

Green infrastructure financing and credit enhancement partner

Partnership Type

Strategic Infrastructure Financing Partnership

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