Alstom Seals Funding For Solar Power Plant in Israel
Photo courtesy of Alstom
French engineering group Alstom said on Tuesday it had secured the loans needed to build its first solar power plant in Israel, a contract worth around $614 million (450 million euros).
Alstom added in a statement that it would be responsible during 25 years for the maintenance of the plant, which is scheduled to be completed in early 2017 and to provide electricity to more than 120,000 homes.
($1 = 0.7331 Euros) (Reporting by Natalie Huet; Editing by Andrew Callus)
