APICORP Extends $50 Million to Yellow Door Energy to Increase its Solar Footprint

The company will use the investment to finance projects in the UAE, Jordan, and Pakistan

December 11, 2020

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The Arab Petroleum Investments Corporation (APICORP), a multilateral development financing institution, announced that it would provide a $50 million (~₹3.6 billion) revolving construction facility to Yellow Door Energy Limited. A revolving loan facility is a form of a credit issued by a financial institution that allows the borrower to draw or withdraw, repay, and withdraw again.

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Rakesh Ranjan

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APICORP Extends $50 Million to Yellow Door Energy to Increase its Solar Footprint

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