IFC FUNDS HAITI OIL-FIRED POWER STATION

BY KEITH NUTHALL

A HAITIAN consortium E-Power SA will receive US$30 million in investment through the World Bank's International Finance Corporation to build a 30-megawatt heavy fuel oil power plant, reducing the Caribbean state's acute power shortages. US$14 million of this will be syndicated through Dutch development bank FMO.

ENDS


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