The European Bank for Reconstruction & Development (EBRD) is considering lending $281mn to Jordan’s state electricity utility Nepco. EBRD says Nepco plans to install a smart grid system and two new substations to better integrate renewables capacity and to refinance existing debt to lengthen the tenor of loans. EBRD is a regular backer of Jordan’s renewables program, most recently providing $22mn for the $69mn 61MW Risha solar project. EBRD says it has committed to provide...
EBRD Mulls $281mn Loan To Jordan
Published on Fri, 24 Aug 2018 - Volume: 61 Issue: 34Print
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!