Solomon Power Signs Financing Agreement with Australia for Tina Hydro
Solomon Power and the Australian Infrastructure Financing Facility for the Pacific (AIFFP) have signed a USD22.7 million (SBD180 million) grant and loan financing agreement to build the 22km transmission system for the Tina River Hydro-power Project. The transmission system is the critical piece of infrastructure needed to enable the hydropower facility to supply power to Honiara. It will deliver…