News
02 December 2019

MRC closes $547m loan for Alon Tavor power plant acquisition

In:
Power
Region:
Middle East & Africa

MRC Group has completed financial closure for its acquisition of the project the Alon Tavor power plant from Israel Electric Corporation (IEC) for NIS1.9 billion ($547 million). A Bank Hapoalim-led consortium of lenders has granted MRC a NIS1.65 billion loan, plus a NIS250 million line of credit...

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


Report
25 November 2025

Tides turn on SLLs in commodity finance

The 2025 edition of TXF’s annual Commodity Finance Research Report is now available. It reflects the views of a market that has been bruised by disruptions to trade: cautious,...

Perspective
27 November 2025

TXF Dealmakers 2025: Top takeaways

The main themes - including decarbonisation and political volatility - have been echoed in TXF’s earlier events. But the sense of urgency about transformations to economies...