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IDB will lend US$125 million to finance electrical interconnection between Ecuador and Peru

Ecuador will promote its electrical interconnection with Peru with a 500 kilovolt line that will be financed by the Inter-American Development Bank (IDB) with US$125 million. The project is expected to be co-financed by the European Investment Bank (EIB) for another US$125 million.

The US$125 million loan from the IDB is under the Flexible Financing Facility modality and offers the recipient country the option of requesting modifications . . .

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