Friday, June 22, 2012

TAQA completes USD 1.4 billion project financing arrangements for Jorf Lasfar Power Complex Expansion (JLEC 5&6)

Abu Dhabi National Energy Company, TAQA, today announced that its wholly-owned subsidiary, Jorf Lasfar Energy Company 5&6 SA, has signed financing arrangements for USD 1.4 billion equivalent of 16-year, multi-currency non-recourse project financing for the 700 MW expansion of TAQA’s Jorf Lasfar coal-fired power complex in Morocco. 

Jorf Lasfar Power Complex Expansion
© 2012 Al Bawaba (www.albawaba.com)

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Source: http://www.albawaba.com/business/pr/taqa-jorf-lasfar-430675

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