GuarantCo's (A1 stable) credit profile reflects the company's solid capitalisation and strong liquidity buffers, reinforced by an absence of debt funding. Moody's Investors Service said in annual report
GuarantCo provided a €3.8m 13-year Debt Service Reserve Account (DSRA) guarantee to Albatros Energy Mali.
The series 1 tranche, issued in 2017, was for NGN 4.5 billion and the series 2 tranche A bond was for NGN 3 billion.
PIDG companies, the Emerging Africa Infrastructure Fund (EAIF) and GuarantCo, announced today that the €78 million Akuo Kita solar power station project in Mali has achieved financial close.