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...

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
11 May 2026

Creative offtakes to drive Europe's BESS boom

A combination of cheaper input costs, a benevolent policy environment and plentiful equity is driving a surge in battery storage financings in Europe. But sponsors have had to...

Perspective
15 May 2026

Jabiru-1: Sky high disputes for satellite project finance

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks in an...