News
14 March 2019

Angola's Caculo Cabaca hydro sounds out banks

In:
Power, Renewables
Region:
Middle East & Africa

Angola’s Ministry of Finance is currently sounding out banks for around $4 billion of ECA-backed debt to finance the construction of the 2,172MW Caculo Cabaca hydroelectric power project. Bank mandates are expected at the beginning of 2020, with financial close targeted in Q2.The $4.5 billion...

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