Akhefennir 100MW wind farm extension (100MW)

15/3/2015

Project finance

Value:

$ 100 million

Status:

Announced

Date:

15/3/2015

Overview:

Akhefennir wind farm expansion.
Owner of the Akhefennir 100MW wind farm, Nareva, is extending its capacity by 100MW.
Nareva is a subsidiary of the Moroccan monarchy's National Investment Company (SNI).
Nareva secured a €100 million loan for the planned extension.
General Electric was awarded the contract to extend the wind farm.

Rani Mehta - Journalist

Jurisdiction:

Morocco

Deal type:

Project finance

Practice area:

Project finance

Industry sector:

Energy

Firm:

Naciri & Associés Allen & Overy

Party: Nareva (Borrower)

Lawyer: Yassir Ghorbal

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