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FINANCIAL NEWS
GDF Suez secures $1.3b loans for Oman projects
20 Sep 2010
(MENAFN) A statement issued by GDF Suez SA said that the company and its partners Shikoku Electric Power Co. and Sojitz Corp. have secured $1.3 billion in financing for the Barka 3 and Sohar 2 independent power projects in Oman, Bloomberg reported.
According to the statement, every single plant will have a 744 megawatts capacity when they start production.
Several regional and global banks, in addition to export credit providers Euler Hermes SA and KEXIM have arranged the facility.
The Oman Power and Water Procurement Co. will be the single offtaker.
More News
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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