DomRep solar, wind opportunities take shape

DomRep solar, wind opportunities take shape

Debt Loans Project & Infrastructure Finance Energy Dominican Republic Caribbean

Two renewable energy project developers in the Dominican Republic advanced financing plans this week, securing debt for solar and wind-powered projects on the Caribbean island. Taiwanese General Energy Solutions, or GES, secured $38m in 15-year debt from development banks DEG and FMO, according to a source familiar with the project. Proceeds the German and Dutch development agencies will be on-lent to the renewable power developer's local subsidiary Electronic JRC, which will use proceeds to inc

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