US company to finance energy projects in Pakistan 5428 5657 PakRealEstateTimes.Com

Thread Rating:

0 Vote(s) - 0 Average
1
2
3
4
5

Threaded Mode | Linear Mode

US company to finance energy projects in Pakistan

06-06-2009, 07:54 AM

Post: #1

Naveed Yaseen
Unregistered

US company to finance energy projects in Pakistan

NEW YORK: Bergamo Acquisition Corp a publicly traded US company announced that agreement on all terms with its lender to finance energy projects for Pakistan has been completed. The value of all projects is $1.5 billion.

President and CEO of Bergamo Acquisition Corp, Hillard Herzog will travel to Pakistan to sign the contracts.

The projects have expanded in scope. In addition to the clean coal plant and the LED high efficiency lighting mentioned previously, financing now includes several solar lighting facilities. The first of these solar lighting facilities is anticipated to be operational within 90 days after signing of all agreements.

Herzog commented, “Clean energy is very important to the people of Pakistan. I am very pleased that we have been able to work with President Zardari, Chief Minister Sindh and Minister for Water & Power, meeting this most urgent need. Abundant clean energy is needed as Pakistan continues to modernize its infrastructure.”

http://www.thenews.com.pk/daily_detail.asp?id=181469

« Next Oldest | Next Newest »

Possibly Related Threads...
Thread:		Author	Replies:	Views:	Last Post
	The China-Pakistan Economic Corridor (CPEC) Achieves Milestones: 36 Projects Worth US	LRE-Azan	0	264	01-06-2024 05:23 PM Last Post: LRE-Azan
	Finance Minister Unveils Export-Import Bank (EXIM) in Islamabad	LRE-Azan	0	216	12-22-2023 06:36 PM Last Post: LRE-Azan
	Chinese Company Official Terms Gwadar Seaport CPEC's Vital Axis	LRE-Azan	0	449	08-22-2023 03:03 PM Last Post: LRE-Azan
	Finance Minister Orders The Balloting Of Nilore Heights-1 Project*	LRE-Azan	0	608	04-29-2023 06:14 PM Last Post: LRE-Azan
	SSH, An International Construction Company, To Design Its First Signature Tower Proje	LRE-Azan	0	704	02-11-2023 05:48 PM Last Post: LRE-Azan
	Pakistan’s first waste-to-energy plant with 40-megawatt Production Capacity	LRE-Azan	0	4,161	07-18-2018 04:26 PM Last Post: LRE-Azan
	Chinese Company Contracted To Build Pakistan Largest Airport	Salman	0	4,917	07-13-2017 04:38 PM Last Post: Salman
	Old property tax rates restored : PA adopts Punjab Finance Bill	Salman	0	4,585	02-15-2014 06:10 PM Last Post: Salman
	PM Nawaz visits Solar Energy Park project site in Bahawalpur	Salman	0	4,628	02-06-2014 12:54 PM Last Post: Salman
	Coal project to help end energy crisis: Shahbaz	Salman	0	4,301	01-25-2014 06:37 PM Last Post: Salman
	PM forms committee to monitor mega projects in Pakistan	CMY	0	3,934	01-21-2014 01:01 PM Last Post: CMY
	Punjab & China strike deals on energy	Salman	0	5,857	12-06-2013 02:24 PM Last Post: Salman
	Approval Of Commercial Plans Conditioned With Solar Energy Systems	Salman	0	5,979	12-03-2013 04:37 PM Last Post: Salman
	Qatar willing to invest in energy, housing sectors	Salman	0	9,731	11-09-2013 04:28 PM Last Post: Salman
	CDA’s Finance Wing Trammels The Kashmir Highway Construction Project	Salman	0	5,006	10-21-2013 06:21 PM Last Post: Salman
	Sindh Engro Coal Mining Company To Develope 6000 MW With Colabration of China Power I	Salman	0	8,785	08-16-2013 12:05 PM Last Post: Salman
	Shehbaz Emphasis on Energy Needs	Salman	0	9,719	08-06-2013 11:10 AM Last Post: Salman
	Chinese company to set up 300MW solar power plant in Cholistan	Salman	0	9,575	08-03-2013 12:55 PM Last Post: Salman
	Nandipur power project : Chinese company agrees to resume work on CM’s prodding	Salman	0	6,934	07-06-2013 05:19 PM Last Post: Salman
	Energy, roads to consume much of Rs1.15tr PSDP	Salman	0	3,772	06-13-2013 01:19 PM Last Post: Salman

User(s) browsing this thread: 1 Guest(s)