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Enel Green Power has signed a loan agreement for a total of 2,100 million South African rand (equal to about € 160 million) with KfW IPEX-Bank.
The loan will be used to finance the investment in the Gibson Bay wind farm, located in Eastern Cape Province, South Africa. The plant will have 37 turbines with a capacity of 3 MW each, for a total installed capacity of 111 MW and capable of generating about 420 GWh of power a year
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