Project & Financing Parameters
Live Synthesis
€400M
€100M
Negotiation Target: €400M
€800M
4.5%
1.0% (Concessional)
4.5% (Benchmark)
10.0% (Commercial)
20 yrs
5 Years
20 Years
30 Years
42.0%
20.0% (Dry Season)
42.0% (Base Hydrology)
75.0% (Surge)
$0.065 / kWh
$0.020
$0.065 (Regional Export)
$0.150
Nameplate Turbine Capacity:
1,800 MW (8 x 225 MW Francis)
Lender Syndicate:
3 Italian Commercial Banks
Key Metrics & Debt Telemetry
Real-Time Computations
Annual Generation
6622.56
GWh / year (1,800 MW)
Annual Revenue
$430.47M
USD gross offtake
Annual Debt Service
€30.79M
Principal + Interest
DSCR Coverage
13.98x
Revenue / Debt Service
Levelized Cost (LCOE)
$0.0142
USD per kWh delivered
Debt Service Coverage Ratio (DSCR)
PRIME VIABILITY
13.98
Minimum standard: 1.25x
Reflects high capacity power delivery relative to the €400M completion tranche.
Hydropower Yield Utilization
42.0%
756.0
Average MW Delivered
Based on historical Lower Omo basin hydraulic discharge curve.
Milestone Drawdown Schedule (€400M Tranche)
Construction-Linked Disbursements
| Milestone Stage | Completion % | Disbursement (€M) | Engineering Deliverable |
|---|
Source Context: Based on Bloomberg report (Sept 2026): Ethiopia is in direct negotiations with three Italian commercial banks for €400M in syndicated credit facilities to finalize civil construction and electromechanical works for the 1,800-megawatt Koysha dam on the Omo River, constructed by Webuild (formerly Salini Impregilo).