News
14 October 2021

PP11 refinancing closed

In:
Power
Region:
Middle East & Africa

The $1.2 billion project debt refinancing for the 1.73GW PP11 gas-fired independent power project (IPP) – sponsored by Saudi Electricity Company (50%), Engie (20%), Sojitz (15%) and Alijomaih (15%) – has reached financial close. The new 12-year debt runs to March 2033 – in line...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
26 January 2026

Venezuela: Not yet bankable or investable

The Trump administration’s capture of Nicolás Maduro was in part designed to create opportunities for US players in Venezuela’s oil sector. But both the short-term and...

Video
04 February 2026

Dealmakers: Brigitte Bruengger, SERV

TXF spoke with Brigitte Bruengger, head of large enterprises, SME & acquisition at SERV, to outline the recent challenges for Swiss exporters, its scheme for attracting more...