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...

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