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The International Finance Corporation, the private-sector arm of the World Bank Group, has taken a $50 million equity position in United Solar, closing the final tranche of an approximately $1.6 billion capital raise from global investors.
The funding is directed at what United Solar describes as the Middle East's largest polysilicon manufacturing facility — a project whose commercial case turns on a single regulatory designation: FEOC-compliant.
The FEOC Label and Why It Attracts Capital FEOC — Foreign Entity of Concern — is a classification embedded in U.S.
clean-energy policy that determines whether components in a solar supply chain qualify for certain domestic incentive programmes.
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