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Islamic Corporation for the Development of the Private Sector (ICD)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

The Islamic Corporation for the Development of the Private Sector (ICD) and Shobak Wind Energy PSC (the “Project Company”) have signed facility agreements for a US$26 million

The Project, which will deploy 13 wind turbines supplied by Vestas Wind Systems, will be constructed over a 2-year period and have a total cost of approximately US$104 million

The Islamic Corporation for the Development of the Private Sector (“ICD”) (www.ICD-ps.org) and Shobak Wind Energy PSC (the “Project Company”) have signed the facility agreements for a US$26 million Shariah-compliant senior financing to part fund the construction of a 45 MW wind farm (the “Project”) in Jordan near the Shobak…

Islamic Corporation for the Development of the Private Sector (ICD)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

Alfanar closes the financing for the landmark 50 MW Solar PV IPP project under the feed-in-tariff (FiT) program Round II in Egypt

This project will be the first in the row of alfanar current pipeline of 800 MW investment projects spread across Europe, East Africa and South Asia, in both solar and wind technologies

Alfanar Company (www.alfanar.com) closed last week the financing for the development, construction, ownership and operation of a 50 MW solar PV plant which will be located in the proposed 1.8-GW Benban solar complex in Egypt's Aswan province and which will be supported by Egypt's FiT program. This project will be…

Islamic Corporation for the Development of the Private Sector (ICD)
Source: 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…