Al Dur 2: A Saudi nightmare on ECA street - Proximo
Perspectives

DeepDive reports on the topics that matter to you. Surveys and data reports that tackle market challenges and trends.

Perspective
14 August 2019

Al Dur 2: A Saudi nightmare on ECA street

Deputy Editor
in
Power, Social infrastructure
The $1.5 billion Al Dur 2 independent water and power project (IWPP) financing achieved a record length tenor on an uncovered local bank tranche, an indirect benefit of ECA support. But according to sources close to the deal, that benefit may not counterbalance the arranging 'nightmare' that went with structuring Saudi Exim’s direct loan debut.

Continue reading

Sign up for our no-obligation free trial today.

It only takes 60 seconds and gives you full access to this article and much, much more.

Register now

Already subscribed? Login

or speak to our team for more information

Call +44 (0)20 3456 7890



You might also like


Roundtable
18 June 2019

European solar: A wider focus but funding questions remain

European solar is predicted to balloon again in the next two years. But with the move to merchant, a relatively seminal corporate PPA market, development of solar-plus-storage...

Expert opinion
15 July 2019

Portfolios wanted: New renewables vehicles seek lonely...

The supply of assets is nowhere near matching the wall of institutional debt and equity that wants to build renewables portfolios. Proximo talks supply and demand with Martin...