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05/20/2021 | Press release | Distributed by Public on 05/20/2021 08:20
Uzbekistan Announces Winner of the Tender for Solar Power Plants in the Jizzakh and Samarkand regions
Tashkent, Uzbekistan, May 20, 2021-Uzbekistan today announced the winning bidder of the public-private partnerships (PPPs) for two photovoltaic solar parks in the Jizzakh and Samarkand regions. These PPPs, tendered under the World Bank Group s Scaling Solar program, will soon add more than 400 megawatts of clean and renewable energy to the country s energy mix.
Abu Dhabi Future Energy Company PJSC (Masdar) was awarded the project in the Samarkand region with a bid to supply solar power at 1.791 US cents per kilowatt hour.
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InfraCredit, ‘AAA’ rated specialised local currency infrastructure credit guarantee institution, has announced the completion of a c. $27m equity investment by InfraCo Africa, part of the Private Infrastructure Development Group.
It disclosed this in a statement on Thursday titled ‘InfraCo Africa invests in InfraCredit to unlock infrastructure finance in Nigeria’.
The firm said InfraCo Africa’s equity investment, made through its dedicated investment vehicle makes InfraCo Africa an equivalent shareholder alongside the Nigeria Sovereign Investment Authority and Africa Finance Corporation.
On account of this investment, the statement said the Chief Executive Officer, InfraCo Africa, Gilles Vaes, and Chief Investment Officer, InfraCo Africa, Claire Jarratt, will join InfraCredit’s board of directors.