No. 52



European Banks To Arrange $1.45Bn Loan For Moroccan Power Plant

ABN Amro, Banque Nationale de Paris and Credit Suisse have been given a mandate to arrange a $1.45bn loan to help finance the construction of a coal-fired power plant at Jorf Lasfar on Morocco's Atlantic coast. The terms of the loan are yet to be determined. The plant is being developed by a consortium made up of ABB Energy Ventures, and CMS Generation, a subsidiary of CMS Energy...