Country
Morocco
Sector
Power / Energy
Intelligence Type
Capital
Status / Stage
Completed
Estimated Value
USD 2000000000
Confidence
Highly Confirmed
Latest Development
Capital Details
Capital TypeInfra Finance
DateMay 2015 (Phase II financial close)
Investor / FinancierAfrican Development Bank, World Bank, European Investment Bank, KfW, Clean Technology Fund, Agence Française de Développement, European Commission
Recipient / BorrowerMoroccan Agency for Sustainable Energy (MASEN)
Purpose of CapitalFinancing Phase II of the Noor Ouarzazate solar complex (Noor II and Noor III)
Financing Structure80% debt / 20% equity; debt facility channeled entirely through MASEN
Commercial Opportunity Intelligence
Commercial ReadinessVery Early
Connected Intelligence
Source & Verification Trail
Last Verified2020
Source(s)Power Technology; AfDB Project Completion Report
Source Date2020