A fund will inject US$40 million into a wind project in Jordan

Autor: AlFanar
A fund will inject US$40 million into a wind project in Jordan

The InfraMed fund will have a 50% stake in the company that will build a 117MW wind farm which will cost US$290 million. The Hermes Financial Group is one of the five sponsors of this fund valued at €385 million. It invests in infrastructure projects in the south and east Mediterranean.

Source: Al-Bayan, 03/12/2013