MIGA PLOTS GHANA GAS PLANT INVESTMENT GUARANTEE
October 1st, 2010
BY KEITH NUTHALL
THE WORLD Bank's Multilateral Guarantee Agency (MIGA) is planning to guarantee financing a USD40 million investment to help complete the Takoradi T1/T2 combined cycle natural gas power-plant complex in Ghana, adding 132 megawatts electricity generation. Société Générale Canada Branch would invest in its Ghana subsidiary SG-SSB Limited, if guaranteed by MIGA against the "non-honouring of sovereign financial obligations".
Emds
THE WORLD Bank's Multilateral Guarantee Agency (MIGA) is planning to guarantee financing a USD40 million investment to help complete the Takoradi T1/T2 combined cycle natural gas power-plant complex in Ghana, adding 132 megawatts electricity generation. Société Générale Canada Branch would invest in its Ghana subsidiary SG-SSB Limited, if guaranteed by MIGA against the "non-honouring of sovereign financial obligations".
Emds
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