Michael Phoch

Michael Phoch
Americanstocknews - 20 years of experience in mass media

EBRD supports secure and green energy in Jordan

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The European Bank for Reconstruction and Development (EBRD) is providing Jordan’s National Electric Power Company (NEPCO) with a US$ 100 million financing package to help the firm address working capital constraints by replacing short-term debt financing borrowed at the first peak of the Covid-19 crisis in the spring with a longer-term facility.

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