EBRD extends USD 65 mn in financing for Acwa’s green hydrogen project in Uzbekistan
Acwa’s green hydrogen plant is expected to be commissioned in December 2024
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Acwa’s green hydrogen plant is expected to be commissioned in December 2024
The IFC previously helped Jordan Kuwait Bank launch USD 50 mn worth of green bonds
The funding aims to improve the management of the agricultural and food sectors to effectively address climate-induced supply chain disruptions
The loan will fund the construction of Turkey’s second-largest solar project
QIIB listed the original USD 500 mn issuance on the London Stock Exchange back in January
The projects are expected to cut annual CO2 emissions by up to 108k tons
The wind farm is set to start commercial operations in late 2027
The green loan comes from a syndicate of 31 banks across 18 different countries
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