The
package
of
soft
loans
from
the
European
Investment
Bank,
the
French
Development
Agency
and
Germany’s
KfW
had
been
pledged
previously,
and
will
cover
nearly
30%
of
the
estimated
cost
of
the
€1.04bn
first
phase
of
the
Ouarzazate
concentrating
solar
power
(CSP)
complex
in
south-central
Morocco.
Other
organisations
financially
backing
the
project
include
the
World
Bank,
the
African
Development
Bank
and
the
Moroccan
government.
Last
year,
the
EU
provided
a
€30m
grant
via
its
Neighbourhood
Investment
¬Facility.
“The
EU
and
Morocco
share
similar
opportunities
and
constraints
when
it
comes
to
energy,
which
makes…
