Taaleri buys into Jordan's 200MW Baynouna solar project

In:

Renewable energy

Region:

Middle East & Africa

Taaleri Group, through its investment fund Taaleri Aurinkotuuli, has acquired a 30% interest from renewable energy company Abu Dhabi Future Energy Company (Masdar) in the 200MW Baynouna solar power project in Jordan. The IFC is leading the debt financing for the €210 million project and power will be sold to the Jordanian National Electric Power Company (NEPCO) under a 20-year PPA.

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