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TPP Banovići in efforts to ensure financial closure

June 28, 2017

Bosnian based 350 MW TPP Banovići project entered its financial close phase. Industrial and Comercial Bank of China (ICBC) is to lead a group of Chinese lenders that might enable financing the unit, valued at €305 million. The consortium of Chinese lenders is to provide for 85% of debt. The proposed power plant is set to fulfil all the environmental standards as prescribed by the EU. The technological solutions envisages the utilisation of circulating fluidised bed (CFB) technology.

 

Source: Klix

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