Dubai, December 8, 2025 – The BUTEC Group announced the successful closure of financing for a major project involving the design, construction, operation, and transfer (Build-Own-Operate-Transfer, BOOT) of two thermal power plants with a total capacity of 50 MW in Burkina Faso.
This strategic investment aims to urgently secure and strengthen the national electricity supply under a five-year Power Purchase Agreement (PPA) between the National Electricity Company of Burkina (SONABEL) and the BUTEC Power Generation subsidiary of the group. The two power plants covered by the contract will be located in Kaya and Koudougou, two cities in the central part of the country that are among its most important economic hubs. They are expected to be operational in the first quarter of 2026, aligning with the Fast-Track nature of the project.
Requiring a total investment of 26 billion CFA francs (approximately 40 million euros), this project is of crucial importance for the country’s energy transition. The funding was secured through a contribution from the BUTEC Group and structured financing arranged by the Banque Centrale Populaire (BCP) Group through three of its subsidiaries: Banque Atlantique Burkina Faso, Banque Atlantique Côte d’Ivoire, and Banque Atlantique Togo.
BUTEC was supported in this transaction by Capital of Africa as the financial advisor responsible for structuring and financing the project.
Souleymane OUEDRAOGO, General Manager of SONABEL, praised the success by stating: “For SONABEL, this project is a real opportunity to increase the energy supply and secure the provision of electricity to households and businesses. Through a strategic positioning, these two power plants will strengthen the economic fabric by providing more available and stable energy, as well as creating jobs.”
Ziad YOUNES, President of the BUTEC Group, added: “This financial closure marks a major strategic milestone for the energy sector in Burkina Faso and for BUTEC. We are proud of the renewed trust from SONABEL and honored to contribute, alongside our financial institutions partners, to the sustainable strengthening of the country’s electricity production. This project perfectly illustrates our BOOT model and our ability to structure and deliver turnkey solutions, while generating a positive impact for local communities.”
