News
26 November 2018

TBI, SCB and GE close $600m power financing for Iraq

In:
Power, Renewables
Region:
Middle East & Africa

Trade Bank of Iraq (TBI), Standard Chartered Bank (SCB) and General Electric (GE) have jointly closed a $600 million financing agreement as part of the ongoing rebuilding and modernisation programme Power Up Plan. The project aims to add more than 2GW of new power across Iraq while ensuring the...

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
05 December 2025

Can Brazilian water keep delivering for private capital?

The liberalisation of Brazil’s water sector in 2020 has delivered on its promise of multi-sourced private investment. Will 2026 keep up the momentum?

Perspective
09 December 2025

UK infrastructure’s brownfield obligations

New and complex energy transition assets account for the bulk of UK project finance activity. But the private sector will have to devote more and more attention to financing...