18 December 2024
18 December 2024
This year's power sector winners were Iberdrola, TotalEnergies, Ørsted, BP and Enel.
The finalised regulations aim to cut 181Mt of cumulative carbon emissions from the national grid between 2024 and 2050.
The line aims to support the increasing electricity demand in the region.
The loan would aim to support climate resilience projects and strengthen the power grid.
The ARC plant will create hundreds of jobs during its construction and long-term operation.
The financial close secures two separate five-year project finance facilities totalling $412m.
The portfolio consists of four operational solar parks and has 15-year power purchase agreements in place.
GE Vernova will provide H-Class gas turbine equipment for a new power plant in the Dominican Republic.
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