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


Interview
07 November 2025

Pertamina’s Bagus talks strategic finance

Andy Bagus, senior vice-president treasury and strategic finance, at Indonesia’s national oil company Pertamina discusses project and export finance strategy amid a volatile...

Perspective
13 November 2025

Keynote: EKN’s new head, Nordlander, on continuity, change...

Åke Nordlander, director general at EKN discusses strategy in his new role, the increased prominence of defence, which now forms the largest part of the Swedish ECA’s cover....