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EPM – ECA-backed project financing
23 March 2009
Competitive Colombian power broking
Read more:
EPM
Colombia
Medellin
IADB
JBIC
Allen & Overy
Bilfinger Berger
BTMU
BBVA
This transaction is noteworthy as the first Japan Bank for International Cooperation (JBIC) transaction in Colombia for over a decade. This project is one of the most important construction projects in Colombia within the energy generation sector, and lenders worked extremely hard to negotiate exactly the right package with the DFIs and ECAs involved to secure the necessary financing.
Empresas Publicas de Medellin (EPM), a Medellín municipality-owned company for providing public utility services in Colombia required financing to construct a hydroelectric power...
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