Gutami, Burkina Faso Ink Deal for Major Solar Project

• Gutami Holding BV partners with Burkina Faso for West Africa's largest solar farm, securing a 25-year PPA and 50-MW battery storage, operational by 2027.

Gutami Holding BV has finalized a deal with Burkina Faso's government to develop a 150-MWp solar project with battery storage, marking the commercial closing of the initiative. The Dutch investor has also secured a 25-year power purchase agreement with national utility Sonabel. Mayer Brown, acting as Gutami's advisor, announced the completion of these contracts.

The project, set to become West Africa's largest solar PV farm, has received all necessary authorizations, including land rights and a positive Environmental and Social Impact Assessment. A 50-MW battery energy storage system will accompany the solar farm, with operations expected to start in late 2027.

What are the key details of Gutami Holding's solar project in Burkina Faso?

• Gutami Holding BV has partnered with Burkina Faso's government for a 150-MWp solar project.
  
• The project includes a 50-MW battery energy storage system.
  
• A 25-year power purchase agreement has been secured with the national utility, Sonabel.
  
• The project is set to be the largest solar PV farm in West Africa.
• All necessary authorizations, including land rights, have been obtained.
• A positive Environmental and Social Impact Assessment has been completed.
• Operations are expected to commence in late 2027.
• Mayer Brown served as the advisor for Gutami Holding in finalizing the contracts.