OPIC Partners with SolarReserve and ACWA Power to Develop Landmark South African Solar Energy Facility

As part of Secretary John Kerry’s Climate and Clean Energy Investment Forum, the Overseas Private Investment Corporation (OPIC) signed an agreement with U.S. based energy developer SolarReserve and ACWA Power, recognizing OPIC’s $400 million commitment of debt financing to support the development of the Redstone Concentrating Solar Power (CSP) project in Northern Cape, South Africa.