Port Harcourt Water Treatment
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Utilities Port Harcourt In development

Port Harcourt Water Treatment

Overview

What this project will fund

Modern treatment plant delivering clean water to 250,000 residents across the metro area.

A 60 MLD (million litres per day) water treatment plant built and operated under a 20-year concession from the Rivers State Water Board. Revenue comes from metered tariffs collected directly by the SPV, with quarterly distributions to investors after O&M and reserve funding.

Project highlights

  • 20-year concession from Rivers State Water Board
  • 60 MLD treatment capacity using ultrafiltration membranes
  • Smart metering with mobile-money bill payment
  • Backup diesel + solar hybrid for 99.5% uptime
Roadmap

Project phases

  1. Phase 1
    Due diligence & SPV setup
    Upcoming
  2. Phase 2
    Investor subscription opens
    Upcoming
  3. Phase 3
    Construction & deployment
    Upcoming
  4. Phase 4
    Commissioning & first payout
    Upcoming
Deal terms

Financial structure

Total project size
$4.5M
Indicative raise
$1.9M
Investor share
To be confirmed at launch
Payout cadence
Quarterly
Risk factors

How we mitigate risk

  • Tariff collection risk mitigated by prepaid smart meters.
  • Source water risk addressed via dual intake from Bonny River and boreholes.
  • Concession renewal clause built into the SPA.
Partners & counterparties

Who we're in conversation with

The organisations below are being considered as partners and counterparties for this project. None of these relationships are finalised — they represent the shortlist we are actively engaging as the project moves toward launch.

Rivers State Water Board Veolia (technology) Flutterwave (collections)
Investor calculator

Project your returns

Based on an illustrative return of 10% APR over a 30-month tenor. Final terms will be confirmed when subscription opens.

This project is still in development. The rate and tenor shown are indicative only and may change before the raise goes live.
$
$50$50,000
Annual return
$100
10% of principal
Per quarterly payout
$25
10 payouts over tenor
Total over 30 mo
$250
Cumulative interest
Capital + returns
$1,250
Principal returned at maturity
Interactive projections

Charts update live as you adjust the investment amount.

· Stacked area shows your principal (stable) plus accumulating interest each quarter.· Over 30 months you hold 10 coupon periods.· Principal is returned at maturity, on top of cumulative coupons.

Illustrative only. Actual returns depend on project performance and the SPV's cash waterfall.

Capital stack

Where your slice will sit

A breakdown of how this project is expected to be financed. Higher tranches are repaid first from project cash flows once distributions begin.

  • Diaspora senior debt← your tranche55%
  • Sponsor equity25%
  • Grant / concessional20%
Repayment waterfall: senior tranches receive scheduled coupons before subordinated tranches. Equity is last to be paid and first to absorb losses.
Use of funds

How the raise is deployed

Every dollar is allocated against a line item in the project budget, audited quarterly.

  • Treatment equipment40%
  • Pipeline network25%
  • Smart meters & billing15%
  • Civil works12%
  • Reserve8%
FAQ

Questions investors ask

How are payouts collected?+

Tariffs flow directly into an escrow account managed by an independent trustee, with monthly reconciliations published to investors.

Be first in line for Port Harcourt Water Treatment

This project is currently in development. Join the waitlist to be notified the moment investor subscription opens.