KEPCO secures financing for solar and energy storage project in Guam

The Korea Electric Power Corporation (KEPCO) has reached financial close for the solar photovoltaic with an energy storage facility in Mangilao, in Guam, USA. 

The project with an estimated investment of about US$200 million has secured financing from creditors that include Mizuho Bank of Japan and Korea Development Bank (KDB). 

The project will consist of a 60 MW solar photovoltaic and a 32 MW energy storage (ESS) facility. It is expected to be operational by 2021.