Morocco: Taqa finalises Jorf Lasfar financing
Issue 247
- 31 Jan 2013
| 1 minute read
Abu Dhabi National Energy Company (Taqa) said on 28 January it had signed final agreements marking the close of the $1.4bn project financing for the expansion of the Jorf Lasfar Electricity Company (JLEL) power plant (AE 234/8). JLEL is already the largest coal-fired power plant in the Middle East and North Africa and the first independent power producer in Morocco, supplying 40% of the kingdom’s electricity output.
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