The Private Investment Corporation Abroad (OPIC for its acronym in English), development institution of the government of the United States, pledged to seek financing that will detonate 720 million dollars for two energy projects in the south of the country. The announcement was made by OPIC’s director of operations, Ryan Brennan, and Mexico’s foreign secretary, … Continue reading OPIC will promote wind energy investment in Oaxaca with 720 million dollars
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OPIC partners with Solarreserve and ACWA power to develop landmark South African concentrated solar power plant
As part of Secretary John Kerry’s Climate and Clean Energy Investment Forum, the Overseas Private Investment Corporation (OPIC) today signed an agreement with U.S. based energy developer SolarReserve and Saudi Arabia based ACWA Power , recognizing OPIC’s $400 million commitment of debt financing to support the development of the Redstone Concentrating Solar Power (CSP) project … Continue reading OPIC partners with Solarreserve and ACWA power to develop landmark South African concentrated solar power plant
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SunEdison, IDB, OPIC and CorpBanca Close US$ 190 Million Project Financing for one of the Largest Merchant Solar Power Plants in Latin America
The debt proceeds will be used in Chile for the construction of a 72.8 MWp (megawatt) solar power plant, to inject energy directly into the Sistema Interconectado del Norte Grande (SING), selling all its production in the spot market (merchant solar). SunEdison, a leading global solar technology manufacturer and provider of solar energy services, today … Continue reading SunEdison, IDB, OPIC and CorpBanca Close US$ 190 Million Project Financing for one of the Largest Merchant Solar Power Plants in Latin America
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OPIC Board of Directors Approves Commitment to Israel Concentrated Solar Power (CSP) Plant
The Board of Directors of the OPIC approved a $250 million loan to Negev Energy-Ashalim Thermo-Solar, Ltd. to support construction of a 110-megawatt concentrated solar power (CSP) plant in Israel’s Negev Desert. The Board of Directors of the Overseas Private Investment Corporation (OPIC) today approved a $250 million loan to Negev Energy-Ashalim Thermo-Solar, Ltd. to … Continue reading OPIC Board of Directors Approves Commitment to Israel Concentrated Solar Power (CSP) Plant
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OPIC Board of Directors Approves Commitment to Negev Concentrated Solar Power (CSP) Plant
The Board of Directors of the Overseas Private Investment Corporation (OPIC) today approved a $250 million loan to Negev Energy-Ashalim Thermo-Solar, Ltd. to support construction of a 110-megawatt concentrated solar power (CSP) plant in Israel’s Negev Desert. This will be the first CSP facility to receive funding support from OPIC, the U.S. Government’s development finance … Continue reading OPIC Board of Directors Approves Commitment to Negev Concentrated Solar Power (CSP) Plant
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OPIC finances wind energy projects in Peru, Pakistan
The Board of Directors of the Overseas Private Investment Corporation (OPIC) today approved a total of $288 million in financing for two wind power projects poised to deliver much-needed electricity to Pakistan and Peru.
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OPIC Approves $250 Million for 60MW Solar Power Project in South Africa
The project came about in response to the new Renewable Energy Independent Power Producer Program (REIPP), a South African government initiative that aims to increase investment in renewable energy production, especially solar power, with a goal of having 3725MW online by 2016. By involving two local firms as co-sponsors along with its U.S. investors, the … Continue reading OPIC Approves $250 Million for 60MW Solar Power Project in South Africa
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