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LOANS & CREDITS June 8, 2018

Morocco: Noor Solar Power Project - Additional Financing

WASHINGTON, June 8, 2018 - The World Bank’s Board of Executive Directors today approved the following project:

Morocco - Noor Solar Power Project (Additional Financing)

IBRD Loan: US$ 100 million equivalent

Project ID:  P164288

Loan maturity: 22 years – Grace period of 8 years

Project Description: The project will increase innovative solar power generation in Morocco. The proposed additional financing (AF) will support scaling up and restructuring of the Noor-Ouarzazate Concentrated Solar Power Project, approved by the IBRD Board of Executive Directors on September 30, 2014.


Contacts

William Stebbins
(202) 458-7883
wstebbins@worldbank.org
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