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EP Global Energy,IFC,Jordan,Tafila,Tafileh,Wind Energy,Wind Farm
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IFC mandated on EPGE’s Jordan wind farm development

IFC has indicated interest in financing of the Tafila wind farm through a combination of debt and equity. A mandate letter to this effect has been signed with IFC dated January 10, 2012. Of the total project cost estimated at EUR170 million, IFC’s investment is expected to consist of a combination of A loan and equity up to EUR40 million to the Company for IFC’s own account and up to EUR 81 million in syndicated or parallel loans.

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