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    GIP Provides Loan For 670MW CCGT Power Plant In Panama


    January 14, 2022 - Fitch Solutions Sector Intelligence

     

      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      GIP Provides Loan For 670MW CCGT Power Plant In Panama

      • 14 Jan 2022
      • Panama
      • Infrastructure

      News: Group Energy Gas Panama, a joint venture between InterEnergy and AES Corporation, has received a USD175.0mn senior secured-term loan from Global Infrastructure Partners (GIP) to support the acquisition and construction of a 670MW combined-cycle gas turbine (CCGT) power plant in Panama. Called the Generadora de Gatun, the proposed natural gas cogeneration power plant will be developed in Colon City. The overall facility is expected to cost USD1.0bn (Power Technology).

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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