News
11 August 2022

SEC seals $567m ECA-backed interconnection project financing

In:
Power
Region:
Middle East & Africa

Saudi Electricity Company has sealed a big-ticket ECA-backed project financing deal with Standard Chartered and SMBC. The $567.5 million loan, with a tenor of 14 years, is backed by Sweden's EKN and will be funded by the Swedish Export Credit Corporation.Proceeds will be used to partially...

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
11 August 2025

ECAs look to advance blended finance agenda as development...

The fourth edition of the UN International Conference on Financing for Development at last recognised the role played by ECAs in development. Moment is building around the...

Perspective
15 August 2025

Solving West Africa’s cocoa conundrum

West African cocoa production has been in decline amid poor yields and falling demand. But the Africa Cocoa Exchange aims to return cocoa pricing power to Africa, improve...