VOL. XL

No. 39

29-September-1997

MOROCCO

US Export-Import Bank Will Help Finance Moroccan Power Station

The US Export-Import Bank said on 19 September that it will help provide financing forMorocco's Jorf Lasfar power station. The bank said it would supply $210mn as a politicalrisk guarantee to US suppliers and that once the plant was complete may replace theguarantee with a direct loan. Asea Brown Boveri AG and CMS Energy Corp. announced on 12September that they had reached an agreement with...