DR Congo SNEL completes $375 million financing with Glencore
In return for repayments in kind, the state-owned power group has received the final tranche of funding for a 450 MW investment programme in the Democratic Republic of Congo.
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▪ DR Congo SNEL completes $375 million financing with Glencore
▪ In return for repayments in kind, the state-owned power group has received the final tranche of funding for a 450 MW investment programme in the Democratic Republic of Congo.
▪ https://www.africabusinessplus.com/en/811269/dr-congo-snel-closes-375-million-financing-with-glencore/
The disbursements were made over ten years after the signing in 2012 of the financing agreement between the Congolese National Electricity Company (SNEL) and the Swiss trading group Glencore.
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