ISTANBUL (Dow Jones)--
Turkish firm Gama Enerji AS said Wednesday it has secured around $1 billion to build a 325 kilometer water pipeline in Jordan, the Ihlas News Agency, or IHA, reports.
Turkish firm Gama Enerji AS said Wednesday it has secured around $1 billion to build a 325 kilometer water pipeline in Jordan, the Ihlas News Agency, or IHA, reports.
In a press statement the company said U.S. investment firm OPIC, the European Investment Bank and French investment firm Proparco will provide $445 million for the project, while Jordanian Water Ministry will provide $300 million.
It noted that it will provide $190 million from its own capital for the project.
Gama Enerji is a joint venture between Gama Holding and GE Energy Financial Services.
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