News
22 February 2023

JBIC finances Saudi Arabia-Egypt transmission line

In:
Power
Region:
Middle East & Africa

JBIC has signed a $103 million loan agreement with Saudi Electricity Company (SEC) for an electricity interconnection project linking Saudi Arabia and Egypt.The loan is co-financed with MUFG, the Bank of Yokohama and the Nishi-Nippon City Bank, bringing the total loan amount to $207 million. JBIC...

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