News
06 March 2023

JBIC, NEXI finance Ras Ghareb wind farm project

In:
Renewables
Region:
Middle East & Africa

JBIC has signed a $240 million loan agreement with Red Sea Energy to finance the Ras Ghareb onshore wind farm project.The loan is co-financed with the EBRD, SMBC, the Norinchukin Bank and Societe Generale bringing the total loan amount to $501 million with NEXI providing the insurance for the loan....

Exclusive subscriber content…

If you are a Proximo 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 Proximo Intelligence contact us

Request Access

You might also like


Perspective
15 November 2024

Mogobe BESS: South Africa's standalone storage debut

The Mogobe BESS project financing is a crucial first step for South Africa's BESIPPPP standalone storage procurement model. The deal demonstrates the need for lenders to...

Perspective
19 November 2024

How digital infrastructure investors can manage power demand

Power availability for data centres has emerged as the key issue facing digital infrastructure investors. Meeting that demand will require ingenuity and careful planning. By...