The European Investment Bank (EIB) granted, on 27 October, a loan of US$211 million to two subsidiaries of the Gaz de France-Suez Group holding the concession in Panama for the Dos Mares project. The loan will help finance the construction and operation of the Guanaca, Lorena and Prudencia hydropower plants on the Chiriquí River in Western Panama. The project will help to meet rapidly growing electricity demand in Panama in an environmentally sustainable way by using available water resources.
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Member states would abandon 20% savings target - 
