WINDHOEK, June 28 (Xinhua) -- Namibia's state-owned power utility, NamPower, has issued a request for proposal for a debt sponsor to help it register a 5-billion-Namibian-dollar (about 335 million U.S. dollars) bond program on the Namibian Stock Exchange to finance its renewable energy development.
NamPower is in advanced negotiations with three institutions to secure financing for its energy program, Managing Director Kahenge Haulofu said on Wednesday.
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