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03 AUG 2026 MONDAY
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French renewable energy company Qair has secured a $5.7 million (approximately € 4.8 million) senior debt facility from the Facility for Energy Inclusion (FEI), managed by Cygnum Capital, to finance the development, construction, and operation of a 5.8 MWp floating solar plant in Providence Lagoon on Mahe Island, Seychelles. According to Qair, the Seysun Lagoon […]
Qair Africa Energy Inclusion Cygnum Capital Public Utilities Corporation Facility Providence Lagoon Mahe Island Seysun Lagoon Floating Vetiver Tech Managing Director Fund Lead Olivier Gaering Indian Ocean Republic of Seychelles
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news Offshore Energy ·2025-08-20

Seychelles’ ‘first utility-scale’ floating solar project secures financing

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