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LOANS & CREDITS

South Africa - The Eskom Renewables Support Project

Media Contacts

Washington DC, October 27, 2011—The World Bank's Board of Executive Directors today approved the following project.

CTF Loan: $US 250 Million

Terms: Maturity = 40 years; Grace = 10 years

Project ID: P122329

Project Description: The project aims to help implement the pioneering and innovative Upington concentrating solar power and Sere wind power plants in South Africa.