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Energy Finance & Investment News in Iraq

IFC arranges US$375 M financing for power project in Iraq

IFC arranges US$375 M financing for power project in Iraq

🕔May 4, 2016

IFC, a member of the World Bank Group, has arranged a US$375 million financing package for a leading private Iraqi power company, Mass Global Energy Sulimaniya. The project will provide electricity to millions of people across the country—particularly in the Kurdistan Region of Iraq, where a migrant crisis has strained power infrastructure. 

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IFC to finance CCGT conversion in Iraq

IFC to finance CCGT conversion in Iraq

🕔Oct 23, 2015

The International Finance Corporation (IFC) is considering to provide a loan to and invest up to USD250 million to complete the conversion of  the 1,000 MW Sulaymaniyah Gas Power Station (SGPS) located at the Chamchamal area, Iraq.

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Investment opportunity for 3 solar plants and one wind farm in Iraq

Investment opportunity for 3 solar plants and one wind farm in Iraq

🕔May 13, 2015

The Ministry of Electricity of Iraq in coordination with the National Investment Commission has announced an investment opportunity to carry out 4 renewable energy projects, 3 solar plants and 1 wind farm.

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