WATT Renewable has pipeline of 100 megawatts of solar projects Firm mainly provides energy for telecommunications towers
WATT Renewable Corp. aims to raise as much as $100 million by the end of 2024 to expand its business of providing solar power, mainly to telecommunications towers in Nigeria.
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The Canadian company, which has installed 12 megawatts of generation capacity at about 160 sites, has a pipeline of projects 10 times that size, Chief Business Officer Sherisse Alexander said. WATT would prefer a major investor to take a stake, but will finance projects individually if need be, she said.