EIB approves loan to fund hydropower project in Georgia
With its approval of a US$150 million loan, European Investment Bank (EIB) joins the European Bank for Reconstruction and Development (EBRD) and Asia Infrastructure Investment Bank (AIIB) in financing the $1.1 billion 280-MW Nenskra hydropower project in Georgia. Earlier this month, HydroWorld.com reported EBRD committed a total of $230 million to the project and to date, AIIB […]