Jordan’s debt-ridden power firm Nepco has signed a $265mn concessionary loan deal with the European Bank for Reconstruction and Development (EBRD). The loan will enable Nepco to refinance existing high-interest short-term debt and fund investments to improve the grid’s ability to incorporate renewable power plants. This will include installing substations and transmission lines to enable solar plants in the north and south of the country to deliver electricity to high demand...
…As Nepco Taps EBRD For $265mn
Published on Fri, 07 Dec 2018 - Volume: 61 Issue: 49Print
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