News
29 March 2018

PLN closes tightly priced ECA-backed deal for Sumbagut 2

In:
Power
Region:
Asia-Pacific

PLN has reached full financial close on a €107.55 million ($123 million) ECA-backed loan to finance the extension and supply of 13 Wartsila 50SG engines to the 250MW Sumbagut 2 peaking gas-fired power plant in Lhokseumawe, north Sumatra, Indonesia. The plant – which will be located...

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
23 January 2026

Exile Group partners with Bridgepoint to support next level...

Exile Group welcomes Bridgepoint, a leading mid-market investor, which will take a minority interest in the leading provider of events and intelligence for the export, trade,...

Perspective
31 January 2026

Ilute Solar: DFIs support an African merchant pioneer

Zambia’s Ilute solar project reached financial close without a sovereign guarantee, using a layered capital structure to absorb merchant price risk. It provides a template for...