IFC weighs $8m for Cambodia solar power plant of Thai-listed Prime Road Power

IFC weighs $8m for Cambodia solar power plant of Thai-listed Prime Road Power

Photo: Pixabay

The International Finance Corporation (IFC) is considering a proposal to extend a financing package of up to $8 million to support a 60 MW solar power plant development project in Cambodia by Thai-listed firm Prime Road Power, the World Bank’s private sector financing arm said.

According to a disclosure, IFC is proposing to invest up to $4 million from the organization’s own account, while the remaining sum of up to $4 million will be from IFC in its capacity as implementing entity of the Canada Blended Climate Finance Program (CBCFP).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter