Mozambique: CTRG refinancing
Issue 362
- 01 Feb 2018
| 1 minute read
The 175MW Central Térmica de Ressano Garcia (CTRG) thermal power plant has been refinanced by a group of lenders who provided a debt package totalling $189m. The International Finance Corporation (IFC) provided $55m on its own account together with a syndicated loan of $42m, half each from the Emerging Africa Infrastructure Fund and the Netherlands’ FMO. Proparco and Absa Bank (as arranger) provided parallel loans.
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