News
22 February 2022

DFC pulls funding for Tulu Moye geothermal project

Region:
Middle East & Africa

The US International Development Finance Corporation (DFC) has dropped out of the lender-line up from the solely DFI-backed 50MW first phase of the $800 million 150MW Tulu Moye geothermal power project in Ethiopia's eastern Rift Valley. The EPC contract was awarded to Mitsubishi and SEPCO3...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
16 July 2025

EGL2: Subsea connections take time

The Eastern Green Link 2 project will help to upgrade the UK’s electricity highway and provides a viable ECA-backed template to spur more green loans in the space. But...

Perspective
25 July 2025

Solving a puzzle: The 2025 project pipeline

Export finance activity looks healthy as the industry enters the second half of the year, but there is room to improve if ECAs want to match record volumes across 2023 and...