News
06 July 2020

Fujairah 3 CCGT closes JBIC-backed loan

In:
Power
Region:
Middle East & Africa

Marubeni is said to have reached financial close on an ECA-backed facility backing the $1.1 billion 2.4GW Fujairah F3 CCGT project in the UAE. Marubeni was awarded the deal in February by Emirates Water and Electricity Company (EWEC) with a winning bid of Dh0.168122 ($0.0457786) per kWh.Lead...

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