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
27 November 2025

TXF Dealmakers 2025: Top takeaways

The main themes - including decarbonisation and political volatility - have been echoed in TXF’s earlier events. But the sense of urgency about transformations to economies...

Perspective
01 December 2025

A benchmark in ECA shopping line credits

Euler Hermes’ inaugural shopping line credit under the German government’s new framework heralds a new era in German export finance. The bespoke solution — originated,...