Brief: EDF, KEPCO, Kyushu Electric Power Co. Consortium Completes Financing Of Transmission Project In UAE

Korea Electric Power

26/09/2022 17:41

Sept 26 (Reuters) - Electricite de France SA  EDF.PA :
    * CONSORTIUM OF EDF, KEPCO AND KYUSHU ELECTRIC POWER CO.
COMPLETES
FINANCING OF TRANSMISSION PROJECT ALONGSIDE ADNOC AND TAQA IN
THE UNITED ARAB EMIRATES
    * FINANCIAL CLOSING OF A TRANSMISSION PROJECT IN UAE FOR A
GLOBAL
AMOUNT OF $3.8 BILLION
    * WORK IS SCHEDULED TO START IN 2022, WHILE COMMERCIAL
OPERATION
IS PLANNED FOR 2025
    * PROJECT WILL REDUCE CARBON FOOTPRINT OF ADNOC'S OFFSHORE
OPERATIONS BY MORE THAN 30%

Source text: https://bit.ly/3SEjM2V
Further company coverage:  EDF.PA 
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