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Hashemite Solar Plant

Sector: Commercial • Location: Jordan

Source: World Bank Group

Project
Active

The project entails the construction of a solar PV power plant, located in Al Manakher, 25 km east of the capital city Amman, Jordan.

60% of the joint project company is indirectly owned by AES and Nebras and 40% – by Mitsui. Under the Finance Contract, the US financial development institution Overseas Private Investment Corporation and Sumitomo Mitsui Banking Corporation (SMBC) have agreed to

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Project Information

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The project “Hashemite Solar Plant” is an infrastructure initiative in the Commercial sector, located in Jordan. Taiyo aggregates data on it from World Bank Group.

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Participants

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Status

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active

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Description

Description

The project entails the construction of a solar PV power plant, located in Al Manakher, 25 km east of the capital city Amman, Jordan. 60% of the joint project company is indirectly owned by AES and Nebras and 40% – by Mitsui. Under the Finance Contract, the US financial development institution Overseas Private Investment Corporation and Sumitomo Mitsui Banking Corporation (SMBC) have agreed to finance the project with $40 million. Sponsors provided the remaining $10 million in equity. The total project cost is approximately $50 million and is expected to reach commercial operation status in 2019. Financial close took place in January 21, 2018. http://www.aesjordan.com.jo/aes-jordan-signs-project-finance-contract-for-new-photovoltaic-plant-in-jordan/

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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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