South Africa’s Public Investment Corporation Backs Xina Solar One
Spain-based Abengoa, S.A. reached a deal with South Africa’s Public Investment Corporation (PIC), Industrial Development Corporation (IDC), a development finance institution owned by the South African government, and Kaxu Community Trust, on the closing of a non-recourse project financing arrangement for Xina Solar One, located in the Northern Cape province. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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