DFC pulls funding for Tulu Moye geothermal project

Region:

Middle East & Africa

By Max Thompson

The US International Development Finance Corporation (DFC) has dropped out of the lender-line up from the solely DFI-backed 50MW first phase of the $800 million 150MW Tulu Moye geothermal power project in Ethiopia's eastern Rift Valley. The EPC contract was awarded to Mitsubishi and SEPCO3...

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