ETESA borrows from CABEI

ETESA borrows from CABEI

Loans Project & Infrastructure Finance Debt Panama Central America

CABEI has approved a $50m loan for Panama's state-owned power transmission company ETESA. ETESA will use the money to cover its short-term investment needs and start operations of high-voltage transmission lines in Panama, CABEI said in a press release. ETESA previously got a $100m loan from the Latin American development bank CAF in May 2015. CABEI said last month that it will use some of an €80m ($90.7m) loan from the Spanish state-owned bank Instituto de Crédito Oficial (ICO) to finance part

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