(MENAFN) FFA Private Bank, one of the pioneering investment firms in Lebanon, will launch a structured investment vehicle to channel the nation's investments in power sector and infrastructure projects.
Furthermore, the basic objective will reach USD1bn of investments in the short-to-medium term, over two to three years.
Meanwhile, the fund will focus on solar, wind, and hydraulic power projects besides waste-to-energy projects and waste treatment projects.
Additionally, it will also be in the form of multilateral financing obtained from global organizations like the Intl Finance Corp, German state-owned development bank KFW and French development-financing institution.
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