Ministry of Finance Iraq

MoF Iraq Iraq Al-Sadr Combined Cycle Power Plant Conversion Project - KSure Covered Financing

Industry
Power/Gas-fired combined cycle
Area of finance
Project & Infrastructure Finance
Region
Middle East
Middle East
Countries
Iraq

Deal Overview

A $39.8 million ECA-backed financing package has been secured for the conversion of the Al-Sadr power plant in Iraq from a single-cycle to a combined-cycle facility.

Deal Volume
$39.8m
Financial Close
10/07/2025
Dealmakers
Sources
Submitted by participant(s)

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Tranches

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Project Deals

Al Sadr Power Plant Upgrade Project
$292.5m
Brownfield
Gas-fired combined cycle
Middle East
Middle East
Iraq