Procurement News Notice

PNN 29280
Work Detail Issue 420 23 July 2020 ?Denmark’s Danske Bank signed a loan agreement worth €117m ($128m) in June for the 100MW Assela wind project. The agreement is awaiting approval by Ethiopia’s parliament. Assela is backed by Denmark’s Ministry of Development Cooperation through Danish International Development Assistance (Danida), which signed an agreement to support the €146m project in 2018. Danida is providing both grants and guarantees for Danske Bank.
Country Ethiopia , Eastern Africa

Work Detail

Issue 420 23 July 2020 ?Denmark’s Danske Bank signed a loan agreement worth €117m ($128m) in June for the 100MW Assela wind project. The agreement is awaiting approval by Ethiopia’s parliament. Assela is backed by Denmark’s Ministry of Development Cooperation through Danish International Development Assistance (Danida), which signed an agreement to support the €146m project in 2018. Danida is providing both grants and guarantees for Danske Bank.


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