Assela Wind Farm
Powering a greener Ethiopia
Assela Wind Farm is headquartered in Iteya, Ethiopia and has $31.7M in recorded funding across 1 round.
- Headquarters
- Iteya
- Business Model
- B2G
- Total Funding
- $31.7M
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 1 funding round and 2 investors for this company. The full record is or through the API.
About
Assela Wind Farm is a 100-megawatt renewable-energy project near Iteya in Ethiopia's Oromia region. Ethiopian Electric Power developed the project with Danish government financial support, while Siemens Gamesa received the turnkey EPC contract in 2021. The 29-turbine installation was designed to diversify Ethiopia's electricity supply away from hydropower and provide roughly 300 GWh of annual generation once fully operational.
Summary
Assela Wind Farm is an Energy company based in Iteya, Ethiopia. It has raised $31.7M in total across 1 round. Investors include IFU and Danske Bank.
Funding History
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Funding, valuations, and company events, with amounts and investors where available.
Investors
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