Ecuador receives IDB backing

Ecuador receives IDB backing

Loans Project & Infrastructure Finance Ecuador

The IDB recently announced it committed $100m Ecuador for a 25-year term, promoting investments and to strengthen the nation’s grid. Resources will target equipment renewal and replacement, as well as transmission and distribution systems, the IDB said. “With the new loan, the Government of Ecuador will implement projects that will ensure service continuity, including technological measures aimed at enhancing the system’s digitalization and promoting its integrated management,” IDB said in a sta

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