UK-based company is creating an SPE, a 5-year project aimed at the construction of a new neighborhood with 3,180 apartments in Sao Tome and Principe, in the Gulf of Guinea, on the intersection between Ecuador and Greenwich Meridians, literally at the “center of the world”. The project is backed by an Off-take Agreement with a local government agency, valued at €190M and requires around €100M for the construction of its 3180 units. The off-take agreement, financial projections, and feasibility study all indicate that the project’s ROI is strong enough to repay the loan in less than 10 Years. To date, the sponsors have already committed over €6.1M to the project. The project sponsor has received a funding offer and they are currently looking for an equity partner to help guarantee the project loan.