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3 posts found.

Date selected: January 2018

Finnfund’s tax policy was renewed – tax responsibility at the core of the operations

Finnfund has renewed its tax policy. Tax policy consists of Finnfund’s principles and practices to assess and promote tax responsibility in its own operations and in the projects it finances. Projects financed by Finnfund must be both economically viable and responsibly implemented, and must generate development effects in the target countries. Finnfund requires the projects […]

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Finnfund to finance 10 solar power plants in El Salvador

Finnfund has provided a USD 15 million loan for the construction of ten solar power plants in El Salvador, Central America. Power plants are expected to be fully operational in 2019. Together, they will have a capacity of 100 megawatts. The company responsible for the project is Bosforo Ltda de CV, owned by two companies […]

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Memorandum for 2018 on the steering of Finnfund activities by the Ministry for Foreign Affairs

The memorandum for 2018 on the steering of Finnfund has been published. The Ministry for Foreign Affairs, the main shareholder, steers Finnfund’s operations by means of an annual memorandum. This document defines Finnfund’s specific function in promoting development and sets objectives for its development policy operations, operational development and financial profitability. Its basis is the Government […]

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