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Creditel - Green Hydrogen

Source: International Finance Corporation (IFC)

Project
Pending

The proposed investment consists of a senior A loan of up to US$ 20 million to Socur S.A. (“Creditel” or the “Company”) to finance the development of a green hydrogen (GH) plant in Uruguay (the “Project”). Creditel will own the project assets, which in turn will be operated by and leased to Kahirós, a special purpose vehicle (the “Sub-project”). The A Loan will have 7-year tenor, which IFC will he

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The project "Creditel - Green Hydrogen" is an infrastructure initiative in the Energy Storage, Hydrogen, Manufacturing (Industrial), Solar, Steel, Government, Warehouse, Oil and Gas, Commercial sector, located in N/A, Uruguay. Taiyo aggregates data from International Finance Corporation (IFC), including information on sponsoring government bodies, EPCs, and contractors.

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Participants

Sponsoring Agency

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Company

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Status

Original status

pending

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The proposed investment consists of a senior A loan of up to US$ 20 million to Socur S.A. (“Creditel” or the “Company”) to finance the development of a green hydrogen (GH) plant in Uruguay (the “Project”). Creditel will own the project assets, which in turn will be operated by and leased to Kahirós, a special purpose vehicle (the “Sub-project”). The A Loan will have 7-year tenor, which IFC will help structure as a green loan.

Original sub-sector

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Original Currency

USD

Original budget

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Procurement method

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Budget

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Location

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State

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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