Egypt agrees to international arbitration in next phase of solar scheme

Resultado de imagen de solar energy2016 | Septiembre 6
Egypt will allow international arbitration in contracts for the second round of its solar power Feed-in-Tarrif (FiT) scheme, the electricity minister said, after a standoff over the issue prompted international lenders to pull out of an earlier phase.

In phase two, Egypt will allow offshore arbitration, Electricity Minister Mohammed Shaker said, a decision that will likely lure back lenders such as the International Finance Corporation (IFC).

Origen: Egypt agrees to international arbitration in next phase of solar scheme | Energy & Oil | Reuters

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