Kfw IPEX, Natixis Bank and World Bank to evaluate CSP project bankability at MENASOL

The key investors in the Middle East and North Africa will discuss the criteria for securing project finance with the Shams 1 100MW plant and the Noor 1 160MW plant as case studies this May at the MENASOL conference (6-7 May, Dubai)

Understanding the details of how to secure project finance in the MENA markets will be crucial for developers in the emerging markets in MENA. In Saudi Arabia, Morocco and the United Arab Emirates, where the most potential for CSP is evident, there are regulations and requirements that need to be fulfiled. Some of the key factors to be considered are acquiring land permits, fulfilling local content requirements and the technical considerations such as having a proven track record of technology and selected equipment providers.

At MENASOL (6-7 May, Dubai), Barbara Riccardi, Director of Global Infrastructure and Finance, Natixis Bank and Ulrich Schoppmeyer, Director Power, Renewables, Water, KfW Ipex will be evaluating these considerations and will be giving their first hand insight on granting the investment on the Shams 1 CSP plant in Abu Dhabi.
However, understanding the difference between financing projects in the Middle East and financing projects in North Africa will be crucial for developers to know where to establish their future investments. Jonathan Walters, Director, Regional Programs and Partnerships, The World Bank, will be giving his first-hand insight into the investments granted for the Noor 1 CSP project currently under construction in Ourzazate, Morocco.

For more information on the topics that will be discussed at MENASOL visit: http://goo.gl/JY1PPa
Or contact Sarah Kingham at sarah@csptoday.com

Featured Product

Baja Carports Design-Build Solar Support Systems™

With Baja Carports 35 plus years in the industry installing our Solar Support Systems nationwide and whose founder Bob Hayworth was one of the first to use solar panels as the rooftops on commercial carports ~ is assurance that you will receive Baja expertise in all phases of installation. Our team's diligence makes the design-build process easy for customers. You don't need a set of architecture plans to begin talking to us about your project. Baja's in-house design engineers will work closely with you to meet your project specifications and city's criteria. You'll have our design team's years of experience applied to your plans. Our engineers will deliver a set of stamped plans, which maximize canopy coverage and details the most-effective layout for your business' parking lot.