EIB Signs Loan Agreement For NorthCairo Power Station
Egypt and the European InvestmentBank (EIB) on 2 October signed a loan agreement under which the EIB will providea $133mn loan towards financing the construction, on a build, own, operate andtransfer (BOOT) basis, of the $375mn North Cairo Power Station (MEES, 12 February and 4 June). Otherloans for the 750mw project will be provided by the Arab Fund for Social andEconomic Development ($87.5mn) and the...
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