News
06 July 2020

Fujairah 3 CCGT closes JBIC-backed loan

In:
Power
Region:
Middle East & Africa

Marubeni is said to have reached financial close on an ECA-backed facility backing the $1.1 billion 2.4GW Fujairah F3 CCGT project in the UAE. Marubeni was awarded the deal in February by Emirates Water and Electricity Company (EWEC) with a winning bid of Dh0.168122 ($0.0457786) per kWh.Lead...

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
28 November 2025

What TxDOT’s SH288 buy-back means for US road P3s

Texas terminated the small but lucrative SH288 concession and has refinanced it with state-backed bonds. The saga shows that sponsors need to be alert to being surprised on...

Perspective
28 November 2025

Sizewell C: Adapting RAB to new nuclear

New nuclear’s construction risk and development timelines have made it difficult to bank – until now. The RAB revenue model means that Sizewell C’s funding package includes an...