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Using a PPP structure, Nigeria has the opportunity to bring in foreign direct investment including carbon neutral accelerated solar power technology to help solve the challenge of water security. There are significant cost and environmental benefits to using solar – as it reduces the need to power desalination plants and water towers with expensive and polluting hydrocarbons.

The PPP envisages using best practice in the service and engineering delivery from an exceptional team including experts from international water

From the UK’s Cranfield University – leading experts in concentrated solar power to some of the world’s largest EPC companies, this proposed PPP will support all stakeholders and help deliver a cost effective solution to Nigeria.

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Under the proposed PPP structure, Abu Dhabi based AlFurqan Group will arrange the investment finance and proposes to nominate Grant Thornton International to act as Financial Controller on behalf of the PPP.

The water scheme development construction, financing, operation, would all work through one bank account that is administrated and managed by Grant Thornton International which has 62,000 employees and significant global experience). This approach would insure the management of all inflow and outflow of funds towards the overall project.

N Solar UK Ltd brings to the PPP:

  • • legal expertise from McCarthy Denning London law firm with significant international expertise in PPP, infrastructure and projects, including water, intellectual property and technical transfer, whose Chairman is a shareholder in N Solar.
  • • IP and British Technology transfer to Nigeria - accelerated solar power technology originally developed at Cranfield University UK.