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Pran Agro gains financial closure of $25m bond

Pran Agro gains financial closure of $25m bond
thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.

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MIL-OSI Europe: Senegal: Scaling Solar – Two PV Plants bring clean energy to more than 500,000

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Nearly 540,000 people in Senegal will get access to clean and affordable power following the launch of two solar photovoltaic (PV) plants, financed by IFC, the European Investment Bank and Proparco, under the World Bank Groupâs Scaling Solar program.
The two plants that launched operations last month are located in Kael and Kahone in Western Senegal and have a total capacity of 60MWac. They will provide energy at tariffs ofÂ 3.98 and 3.80 Euro cents per kilowatt hour, respectively â one of the lowest prices for electricity in Sub-Saharan Africa â and will help avoid 89,000 tons of CO2 emissions per year.
The two plants are sponsored by Engie,Meridiam, and the Senegalese Sovereign Wealth Fund for Strategic Investments (FONSIS). The competitive tendering was led by Senegalâs Energy Regulatory Commission (CRSE). ....

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IFC - International Finance Corporation (via Public) / Uzbekistan Announces Winner of the Tender for Solar Power Plants in the Jizzakh and Samarkand regions

05/20/2021 | Press release | Distributed by Public on 05/20/2021 08:20
Uzbekistan Announces Winner of the Tender for Solar Power Plants in the Jizzakh and Samarkand regions
Tashkent, Uzbekistan, May 20, 2021-Uzbekistan today announced the winning bidder of the public-private partnerships (PPPs) for two photovoltaic solar parks in the Jizzakh and Samarkand regions. These PPPs, tendered under the World Bank Group s Scaling Solar program, will soon add more than 400 megawatts of clean and renewable energy to the country s energy mix.
Abu Dhabi Future Energy Company PJSC (Masdar) was awarded the project in the Samarkand region with a bid to supply solar power at 1.791 US cents per kilowatt hour. ....

Toshkent Shahri , Abu Dhabi , Abuz Aby , United Arab Emirates , United Kingdom , South Korea , The Netherlands , Shukhrat Vafaev , Wiebke Schloemer , World Bank Group , World Bank , Ministry Of Energy , United States Agency For International Development , World Bank Group Scaling Solar , Abu Dhabi Future Energy Company , Ministry Of Investment , Secretariat For Economic Affairs Of Switzerland , Infrastructure Development Group , Scaling Solar , Foreign Trade , Deputy Minister , State Secretariat , Economic Affairs , About Scaling , United States Agency , International Development ,

InfraCo Africa invests in InfraCredit to boost infrastructure

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InfraCredit, ‘AAA’ rated specialised local currency infrastructure credit guarantee institution, has announced the completion of a c. $27m equity investment by InfraCo Africa, part of the Private Infrastructure Development Group.
It disclosed this in a statement on Thursday titled ‘InfraCo Africa invests in InfraCredit to unlock infrastructure finance in Nigeria’.
The firm said InfraCo Africa’s equity investment, made through its dedicated investment vehicle makes InfraCo Africa an equivalent shareholder alongside the Nigeria Sovereign Investment Authority and Africa Finance Corporation.
On account of this investment, the statement said the Chief Executive Officer, InfraCo Africa, Gilles Vaes, and Chief Investment Officer, InfraCo Africa, Claire Jarratt, will join InfraCredit’s board of directors. ....

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