Addax Bioenergy signs loan agreement for €258M renewable energy project in Sierra Leone; sugarcane ethanol and biomass power

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a subsidiary of the Swiss-based energy group, The Addax and Oryx Group Limited (AOG), recently signed a loan agreement with seven European and African development institutions for an integrated renewable energy and agriculture project near Makeni, in Sierra Leone. The power plant will provide renewable electricity for the ethanol refinery and will supply approximately 20% of Sierra Leone’s national grid. Addax Bioenergy S.A. ,