EPGE launches Strategic DREAM Initiative
EP Global Energy launches DREAM’s “Powering Healthcare in Africa” initiative
EP Global Energy launches DREAM’s “Powering Healthcare in Africa” initiative on November 12, 2014, at Rector’s Lodge, 170, Queens Gate, London.
Tafila Groundbreaking Ceremony
The Prime Minister of Jordan, Dr. Abdullah Ensour laid the cornerstone of the Tafila wind farm project, at a groundbreaking ceremony attended by government officials and representatives from the project’s sponsors, lenders, advisors and contractors…
Middle Eastern Renewables Deal of the Year 2013: Tafila – Project Finance
Jordan is poor in natural resources and imports over 97% of its energy. Regime change in Egypt highlighted its dependence on Egyptian gas, which was disrupted following the explosion of a gas pipeline in Sinai in 2013.
Vestas and EP Global Energy join forces to provide wind energy solutions in Jordan and other Middle Eastern countries
As part of the Wind for Prosperity program, Vestas and EP Global Energy signed a Memorandum of Understanding today on bringing wind energy solutions to remote communities in the Middle East.
Financial Close Reached to Build the First Utility-Scale Wind Farm in Jordan
The 117 MW wind farm is being developed by Jordan Wind Project Company, an investment by InfraMed, Masdar and EP Global Energy Ltd Amman, Jordan-27 November, 2014 Jordan Wind Project Company (JWPC) today signed the financing agreement to begin construction ofthe Middle East’s first utility-scale wind-power project. Located in the Hashemite Kingdom of Jordan,the 117MW […]
EIB announces financing for the JWPC Wind farm in Jordan
The first large-scale renewable energy IPP in Jordan, the JWPC Tafila Wind Farm, is receiving strong European, regional and international support of USD 220 million, representing almost 77 per cent of the total cost of the project.
IFC announces Financial Close of the 117 MW Tafila Wind Farm in Jordan
IFC, a member of the World Bank Group, has finalized a $221 million debt package to support the development of a pioneering wind farm in Jordan, part of an effort boost the country’s supply of renewable energy and encourage economic development.
Jordan unveils first private sector wind solar projects
AMMAN — Energy Minister Alaa Batayneh on Wednesday unveiled plans for the country’s first private sector renewable energy projects as part of efforts to ease the Kingdom’s ongoing energy crunch. At a press conference Batayneh said the government launched talks with two private sector firms to establish a 10 megawatt (MW) solar plant in the […]
EPGE signs Financing Mandate with EIB
EPGE and its Jordan Project company JWPC, singed a Mandate with the European Investment Bank for the financing of its proposed 117 MW Tafila wind farm in Jordan. EIB will be participating as part of the lenders syndicate led by the IFC.