PROJECT

Projects

Summary of Investment Information

Project Number

46531

Company Name

OCP S.A.

Date SPI Disclosed

Jan 17, 2023

Country

Morocco

Region

Africa

Projected Board Date

Feb 16, 2023

Environmental Category

B - Limited

Status

Active

Last Updated Date

May 26, 2023

Department

CM3MF - Regional Industry - MAS Africa/MAS Africa New Bus Manufacturing

Industry

Manufacturing

Previous Events

Approved : Mar 16, 2023
Signed : Mar 31, 2023
Invested : May 24, 2023

Sector

Phosphatic Fertilizer

Project Description

OCP SA (“OCP” or the “Company”, https://www.ocpgroup.ma/) and/or its wholly owned subsidiary, OCP Green Energy SA, plan to design, install and operate four greenfield, captive solar power plants at two of the Company’s phosphate mines in central Morocco, with a cumulative installed capacity of 202 MWp (the “Project”). The plants will supply OCP’s mines with green electricity during daytime hours.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation