The finance for the project, located south east of the city of Ma'an in southern Jordan, will be matched by a $25m loan from the US Overseas Private Investment Corporation (OPIC), with whom the EBRD also co-financed the 240MW Al Manakher power plant, which began operations in July 2014, said the European lender.

The project is being developed, constructed and operated by a wholly-owned subsidiary of SunEdison.

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