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 […]
IFC disclosure of the Tafila Project commenced on 18th January 2013
The project consists of the construction, operation and maintenance of a 117 MW wind farm and associated facilities in the Tafila region of Jordan…
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.
EPGE reaches financial close on 80 MW wind farm in Romania
EP Global Energy (EPGE) has reached financial closure on its 80 MW wind farm in Romania. Bank financing was raised from the EBRD, alongside a syndicate of banks comprising of Erste Group Bank, ING Bank and UniCredit Bank Austria.
InfraMed invests in EPGE’s Jordan Wind Farm
InfraMed and EPGE have established a joint-venture special purpose vehicle (SPV) to develop and deliver the Jordanian wind project, the first and largest privately financed wind farm in the country.
EPGE announces results of Prequalification bids for Tafila Wind Farm
Pursuant to the Invitation for Prequalification posted 20/4/2012 in the Official Journal of the EU (2012/S 77-125767), and the ensuing prequalification applications received, Jordan Wind Renewable Energy, LLC is pleased to announce that the following Applicants have successfully pre-qualified…
IFC mandated on EPGE’s Jordan wind farm development
IFC has indicated interest in financing of the Tafila wind farm through a combination of debt and equity. A mandate letter to this effect has been signed with IFC dated January 10, 2012…