IDB will lend US$125 million to finance electrical interconnection between Ecuador and Peru

Ecuador will promote its electrical interconnection with Peru with a 500 kilovolt line that will be financed by the Inter-American Development Bank (IDB) with 125 million dollars. The project is expected to be co-financed by the European Investment Bank (EIB) for another 125 million dollars.

The $125 million IDB loan is under the Flexible Financing Facility modality and provides the recipient country with the option to request modifications. . .

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