REA-Lotus Bank ₦100bn MoU Hits First Milestone With ₦7.4bn 7MW Ebonyi Mini-Grid Project

Newtelegraphng | 17-03-2026 10:25am |

Barely weeks after the Rural Electrification Agency (REA) and Lotus Bank signed a landmark ₦100 billion Memorandum of Understanding (MoU), the partnership has begun to yield fruit as Ventura Logistics Services has secured ₦7.4 billion in financing to deploy renewable energy infrastructure across eight key sites in Ebonyi State. This funding, backed by the Distributed...The post REA-Lotus Bank ₦100bn MoU Hits First Milestone With ₦7.4bn 7MW Ebonyi Mini-Grid Project appeared first on New Telegraph.

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