Tags: Asia Infrastructure Investment Bank

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 […]

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