CABEI pens DR loans

CABEI pens DR loans

Corporate & Sovereign Strategy Loans Debt Project & Infrastructure Finance Gas Dominican Republic Central America

The Central American Bank for Economic Integration (CABEI) has approved two new loans in the Dominican Republic for a total of $154m, the finance ministry said in a statement. CABEI has granted $54m in financing for AES Dominicana, the local subsidiary of the US power company AES, to build a 50km natural gas pipeline from the AES Andrés terminal to the city of San Pedro de Macorís, said the Dominican finance minister, Donald Guerrero Ortiz. AES Dominicana reached a deal this week to supply natur

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