Nam Dinh 1 debt signing imminent
ACWA Power and Taekwang Power are expected to sign a $1.9 billion Sinosure-backed loan next week to finance construction of the $2.52 billion 1.2GW Nam Dinh 1 coal-fired power plant in Vietnam. Financial close is targeted for the beginning of 2020.The 20-year debt will be provided by a consortium of...