π Tender Overview
Location: Morocco
Project number: 54662
Business sector: Manufacturing and Services
Notice type: State
EBRD Finance Summary: EUR 200,000,000.00
Total Project Cost: EUR 200,000,000.00
Project Description
Provision of a senior loan of up to MAD 2,200m (ca. EUR 200m equivalent) to OCP S.A. for the construction of seawater desalination facilities to cover the industrial needs of the Company.
Project Objectives
The Project will lead to a significant reduction in the use of fresh water through the construction of seawater desalination facilities for industrial use.
Transition Impact
ETI score: 100
Transition Impact stems from the Green transition quality, whereby the Project contributes to reinforcing water security in Morocco.