VOL. XLIV
No. 16
16-April-2001
EGYPT
IFC Lends Egypt $395Mn For Construction And Operation Of Two Power Projects
The International Finance Cooperation (IFC) agreed on 4 April to lend $395mn for the construction and operation of two power projects in Egypt. According to an IFC press release, the projects represent the largest private power investments in Egypt to date, with capacity equal to 10% of the countrys existing installed capacity. The IFC, Barclays Capital, Credit Lyonnais, and Societe...
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