Jordan’s NEPCO secures EUR67.1 million from EBRD and EU
Jordan’s state-owned transmission system operator, National Electric Power Company (NEPCO), has secured a EUR67.1 million financing package from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU) to upgrade the country’s transmission infrastructure. The package includes a sovereign-guaranteed EBRD loan of up to EUR54.7 million and an EU investment grant of EUR12.4 million. The funds will be used to construct a high-voltage electricity substation in northern Jordan and build four new…