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Eastern Africa

MIGA Increases Guarantees For Tulu Moye IPP

The geothermal plant is being developed in Ethiopia.

November 17, 2023

By Liz Bains
The Multilateral Investment Guarantee Agency (MIGA) of the World Bank has increased the guarantees issued to Tulu Moye SAS of France covering its equity and quasi-equity investments in Ethiopia’s Tulu Moye Geothermal Operations (TMGO).  TMGO, which is fully owned by Tulu Moye SAS, is developing a geothermal independent power plant near

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