IFC, a member of the World Bank Group, has forged a new partnership with Gaia Energy to create a joint platform for the development of wind power and other renewable energy projects in Africa. Gaia Energy is a Moroccan renewable energy developer active in 10 countries across Africa. The new joint platform will start with…
Canada supports IFC in building a new wind farm in the Dominican Republic
International Finance Corp. (IFC), a member of the World Bank Group, with support from the Government of Canada, has completed an $80 million financing package for the construction and operation of a new, grid-connected, 50-MW wind farm to help diversify the Dominican Republic’s energy matrix and ease its dependence on imported fossil fuels. Parques Eólicos…