TXF Recommends

OFID grants loan to Mauritania for wind farm

The OPEC Fund for International Development (OFID) has agreed an $18.8 million loan to Mauritania to complete the construction of a wind farm in Bulenuar. The wind farm is the first of its kind in the country and has a capacity of 100MW.

19 October 2017

IADB: Argentina and Chile get $280m for first stage of the Agua Negra international tunnel

The Inter-American Development Bank (IADB) has approved two loans worth a total of $280 million - $130 million for Argentina and $150 million for Chile - to help finance the construction of the Agua Negra tunnel connecting the two neighboring nations.

19 October 2017

Azerbaijan receives $500m EBRD loan for Southern Gas Corridor project

The European Bank of Reconstruction and Development (EBRD) has become the third development bank to lend to the gas transmission pipeline project with its $500 million loan to the Azerbaijani government and state oil company SOCAR for the South Caucasus Pipeline (SCP) section of the $40 billion project.