In-depth

Analysis, interviews, roundtables, reports and more on the topics that matter to you.

Perspective
06 October 2016

Landmark $500m stand-by LC set to transform Ghana power generation

Region:
Middle East & Africa
Editor-in-chief
In a ground-breaking transaction for Ghana, HSBC and Standard Chartered Bank have issued a $500 million stand-by letter of credit on behalf of Ghana National Petroleum Corporation to make payments for natural gas deliveries. The transaction is related to gas supplies from Ghana’s Sankofa gas field and will be transformational in the development of power generation within Ghana.

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
16 July 2025

EGL2: Subsea connections take time

The Eastern Green Link 2 project will help to upgrade the UK’s electricity highway and provides a viable ECA-backed template to spur more green loans in the space. But...

Perspective
25 July 2025

Solving a puzzle: The 2025 project pipeline

Export finance activity looks healthy as the industry enters the second half of the year, but there is room to improve if ECAs want to match record volumes across 2023 and...