Kexim, Riyad Bank join Jafurah cogen project financing

In:

Power

Region:

Middle East & Africa

The Export-Import Bank of Korea and Riyad Bank have signed project financing agreements for the Jafurah cogeneration plant project in Saudi Arabia.The ECA will provide a loan of $270 million, with Riyad Bank adding $165 million. The Jafurah design spec includes a low-pressure steam demand at...

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