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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

KfW establishes revolver fund for bank financing of projects on renewable energy in Azerbaijan

Posted on 13 January 2010

From Abc.az: Azerbaijan prepares to receive an external donor to finance works to develop application of renewable and alternative energy sources. From 2010, the State Oil Fund of Azerbaijan (SOFAZ) plans to finance projects in the sphere of application of renewable and alternative energy sources and the Azerbaijan Investment Company (AIC) has already chosen such projects for financing.

Informed sources said that arrangement on the start of financing by the German Development Bank KfW the projects in the sphere of application of renewable and alternative energy sources was achieved in the Azerbaijan-German consultations for economic cooperation, held in December……………………………………Full Article: Source


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