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. Jordan Wind Project Company PSC Status 27-Nov-13 Size $287 million Description 117MW wind farm located in Tafila province, Jordan Sponsors InfraMed (50%), Masdar (31%), EP Global Energy (19%) Equity $66 million Debt $221 million Lenders International Finance Corporation, European Investment Bank, Eksport Kredit Fonden, OPEC Fund for International Development, FMO, Europe Arab Bank, Capital Bank of Jordan Sponsor Legal advisers Nabarro (international), Hadidi (local) Lender Legal advisers Chadbourne & Parke (international), Khalifeh (local) Environmental, market and technical consultant Sgurr EPC contractor Vestas Sponsor insurance adviser Willis Consulting Lender insurance adviser Charles Taylor Risk ConsultingFluctuations in oil prices and a scarcity of water led Jordan’s government to intensify its focus on increasing its use of renewable energy. Jordan benefits from wind energy and solar potential, and enacted a Renewable and Energy Efficiency Law in 2012. Under the law the country aims to produce…
UEFA Foundation for Children Support for Remba Island