News
27 October 2022

JSW Steel USA secures SACE-backed financing for plate mill project

In:
Metals and Mining
Region:
Americas

JSW Steel USA has secured long-term ECA-backed financing from two Italian lenders to modernise its $260 million plate mill in Baytown, Texas.The capital raised from Intesa Sanpaolo and Banco BPM is $182 million, of which $70 million is covered by SACE, and the balance is a term loan. The financing...

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...