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Kfw IPEX, Natixis Bank and World Bank to Evaluate CSP Project Bankability at MENASOL

February 5, 2014

London, UK (PRWEB) February 05, 2014 Understanding the details of how to secure project finance in the MENA markets will be crucial for developers in the emerging markets in MENA. In Saudi Arabia, Morocco and the United Arab Emirates , where the most potential for CSP is evident, there are regulations and requirements that need to be fulfiled. Some of the key factors to be considered are acquiring land permits, fulfilling local content requirements and the technical considerations such as having a proven track record of technology and selected equipment providers. At MENASOL (6-7 May, Dubai ), Barbara Riccardi , Director of Global Infrastructure and Finance, Natixis Bank and Ulrich Schoppmeyer , Director Power , Renewables, Water, KfW Ipex will be evaluating these considerations and will be giving their first hand insight on granting the investment on the Shams 1 CSP plant in Abu Dhabi . However, understanding the difference between financing projects in the Middle East and financing projects in North Africa will be crucial for developers to know where to establish their future investments. Jonathan Walters , Director, Regional Programs and Partnerships, The World Bank , will be giving his first-hand insight into the investments granted for the Noor 1 CSP project currently under construction in Ourzazate, Morocco . For more information on the topics that will be discussed at MENASOL, visit: . Read the full story at

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Source: PR Web

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