WASHINGTON, June 8, 2018 - The World Bank’s Board of Executive Directors today approved the following project:
Morocco - Noor Solar Power Project (Additional Financing)
IBRD Loan: US$ 100 million equivalent
Project ID: P164288
Loan maturity: 22 years – Grace period of 8 years
Project Description: The project will increase innovative solar power generation in Morocco. The proposed additional financing (AF) will support scaling up and restructuring of the Noor-Ouarzazate Concentrated Solar Power Project, approved by the IBRD Board of Executive Directors on September 30, 2014.