04 August 2009
IFC/Worldbank just recently announced the implementation of their Russian Renewable Energy Program (RREP). Under the terms of the document signed today between IFC/Worldbank and Windlife, IFC will use its best efforts to designate the wind park in Murmansk as a ‘pilot project’ under their RREP program and furthermore assist Windlife in attracting and arranging future fixed financing for the 200 MW wind park.