[에너지신문] 2 May 2016 - International Finance Corporation (IFC), the World Bank's private sector investment arm, announced it has arranged a US$375m financing package for a leading private Iraqi power company, Mass Global Energy Sulimaniya. Mass Global Energy Sulimaniya will use the funds to add 500 MW of capacity to the 1,000 MW Sulimaniya power plant in the Kurdistan Region of Iraq and to help complete a new power plant near Baghdad that will supply about half of the Iraqi capital’s electricity needs.
The debt and equity package includes US$250m from IFC’s own account and US$125m from Bank Audi, which includes IFC’s first Islamic syndicated loan.
-http://www.enerdata.net/enerdatauk/press-and-publication/energy-news-001/two-iraqi-power-plant-project-receives-us375m-loan-iraq_36957.html