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Taqa Said to Borrow $1.2 Billion for Morocco Power Plant

June 21 (Bloomberg) -- Abu Dhabi National Energy, also known as Taqa, signed a project finance loan of $1.1b-$1.2b for Jorf Lasfar thermal power plant in Morocco, four people familiar with matter told Bloomberg’s Emi Urabe. * BNP Paribas, Standard Chartered and Societe Generale are

facility arrangers, people say * Japan Bank for International Cooperation contributed $216m

for equipment import from Mitsui & Co., Mitsubishi Heavy

Industries and IHI Corp., people say

For Related News and Information: Taqa earnings history TAQA UH <Equity> EM <GO> Comparison with peers TAQA UH <Equity> PPC <GO> Taqa sales breakdown TAQA UH <Equity> PGEO <GO> Today’s top energy news ETOP <GO> S&P/TSX Oil & Gas index STOILG <Index> GPCT <GO> Forward curve for oil prices CCRV <GO>

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