Dubai’s AMEA Power Achieves Financial Closure for a 50 MW Solar Project in Jordan
FMO and DEG will be financing the project which is expected to power 42,000 homes in the country
April 16, 2019
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Renewable energy project developer, AMEA, has announced financial closure for a 50 MW solar project in Jordan. The company has announced that it has secured $74 million for the Al Husainiyah project with assistance from the Dutch development bank, FMO. In addition to contributing $29.6 million, the FMO is also expected to mobilize $29.6 million from DEG for financing this project.