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Banking/Investments

Nigerian energy investor, Okonkwo set to construct largest solar farm in Ghana

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The Chief Executive Officer of UBI Group, Ms. Salma Okonkwo, a Nigerian has announced business plan to commence the construction of the largest solar farm in Ghana.
The plan, according to him aims to expand the company’s’ reach in Ghana’s energy industry.
Explaining more, Okonkwo averred that his oil and gas firm intends to develop the solar farm dubbed Blue Power Energy by March 2019, saying on delivery, the farm will produce approximately 100MW of energy.
She said “Blue Power Energy will focus on renewable energy, steering away from UBI Group’s downstream petroleum operations. The company has set the goal to eventually provide the national grid with 100% renewable energy in order to make cities more sustainable.
She revealed further that UBI Group’s ultimate goal is to bring cheap energy to northern Ghana through the solar farm, which she hopes will incentivize companies to create lasting jobs there. In the meantime, she is opening a day-care center in Accra for children born to kayayo women, where, as she explains, they can get educated and hopefully break the cycle.
Business Hilights gathered that UBI Group is the first indigenous, fully integrated firm in the West African sub-region, and one of few companies to have a female CEO.

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