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DFF - Kawar Energy 2

Sector: Electric Vehicles (EVs) • Location: Jordan

Source: European Bank for Reconstruction and Development (EBRD)

Project
Approved

Provision of a corporate loan of up to USD 12.1 million (EUR 10.3 million equivalent) (the "Loan") to Kawar Energy (the "Borrower" or the "Company") to support the optimisation of the Company's balance sheet and enhance its cash flow flexibility, enabling the implementation of its upcoming pipeline of renewable energy projects in Jordan (the "Project"). The Loan will be secured by an on demand and

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The project “DFF - Kawar Energy 2” is an infrastructure initiative in the Electric Vehicles (EVs) sector, located in Jordan. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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Company

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Status

Original status

approved

Taiyo status

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Contact

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Email

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Address

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Description

Description

Provision of a corporate loan of up to USD 12.1 million (EUR 10.3 million equivalent) (the "Loan") to Kawar Energy (the "Borrower" or the "Company") to support the optimisation of the Company's balance sheet and enhance its cash flow flexibility, enabling the implementation of its upcoming pipeline of renewable energy projects in Jordan (the "Project"). The Loan will be secured by an on demand and irrevocable guarantee from Kawar Investment Company, the sole owner of the Borrower.

Original sub-sector

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Original Currency

USD

Original budget

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Procurement method

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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