Uruguayan pulp mills get ECA support

(Finnvera, Helsinki, 23 Feb. 2007) In November 2006, the International Finance Corporation and Multilateral Investment Guarantee Agency boards approved a $170 million investment by IFC and a guarantee of up to $350 million from MIGA for the Orion pulp mill project in Uruguay. Finnvera has now provided a USD 100,000,000 reinsurance guarantee.