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Sinopec News Network News, according to Natural Gas News on May 12, global sustainable energy developer Invenergy and global liquefied natural gas solution provider BW LNG announced that they have recently completed a US$128.
Invenergy Senior Vice President of Finance and Capital Markets Meghan Schultz said: "The end of FSRU financing marks an important step in the completion of the transformational EDP project, which is the foundation of the clean energy future of El Salvador.
Jessica Cheung, Vice President of Group Finance and Corporate Finance of BW Group, said: “BW is very grateful for the opportunity to bring clean and affordable energy to the region with the support of Invenergy and IDB Investment Company.
As a key part of the EDP project, FSRU will have a regasification capacity of 280 million cubic feet per day and a storage capacity of 137,000 cubic meters of LNG.
The EDP project will be completed in 2022.
Zhu Jiani excerpted from natural gas information
The original text is as follows:
IDB Invest to finance Invenergy and BW LNG project in El Salvador
Global sustainable energy developer Invenergy and global LNG solutions provider BW LNG have announced that they recently closed a US$128.
"The close of financing for the FSRU represents a significant step forward in the completion of the transformational EDP project, the foundation for El Salvador's clean energy future," said Meghan Schultz, Senior Vice President, Finance and Capital Markets at Invenergy.
"BW is grateful for the opportunity to bring clean, affordable energy to the region, with the support of Invenergy and IDB Invest.
A key part of the EDP project, the FSRU will have a regasification capacity of 280 million ft3/d and an LNG storage capacity of 137 000 m3.
Upon its completion in 2022, the EDP project will meet 30% of El Salvador's energy demand with cleaner, reliable power through power purchase agreements with seven of the country's distribution companies.
