Irvington Agri-Biomass | Irvington Irrigation Projects CC

Agriculture

Information

Company Name/Description

Irvington Irrigation Projects CC

Countries of Operation

Namibia

Ownership of Company

Namibia

Number of years since incorporated

Upon request

Project Pitch

The project seek to establish a phased, scalable green manufacturing platform in Namibia that converts agricultural biomass waste and encroacher bush biomass into low-carbon pulp, packaging and bio-based construction materials.

Team

Upon request

Type of Project

Private Project

Stage

Infant

Employment

  • Temporary: 15
  • Permanent: 50
  • Seasonal: 25

Annual Revenue (in EUR)

Upon request

Total Project CAPEX (N$)

N$ 183 Million

Source of Current Income and Use of Capital:

Private

Financing needs (N$)

N$ 210,000,000.00

Type of financing needed

Upon request

The Company is looking for:

Financing

Planned allocation of fundraising capital

Pulping & Forming equipment - N$ 87.5 million, Civil Works & Utiities - N$ 35 million, Solar PV & Backup - N$ 35 million, Engineering, ESIA, Contigencies - N$ 26.25 million

Feasibility/Due Diligence

  • Technical: Not conducted
  • Financial: Not conducted
  • Environment: Not conducted
Type of Project
Private Project

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