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Islamic Corporation for the Development of the Private Sector (ICD) |
The Islamic Corporation for the Development of the Private Sector and Alfa Solar Co. to part-fund the development, construction and operation of a 50 megawatts solar PV project in Egypt
Alfa Solar has executed a power purchase agreement with the Egyptian Electricity Transmission Co. (EETC) in May 2017, and is working with ICD and EBRD to achieve financial close by October 2017
The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org) - the private sector arm of the Islamic Development Bank (IsDB), and Alfa Solar Co.- a subsidiary of Alfanar Company, have signed facility agreements for a US$28.5 million Shariah-compliant senior financing to part-fund the development, construction and operation…
