Asia Connect
Saudi-Egypt power interconnection project secures funding
Standard Chartered, SMBC arrange US$567.5 million export credit agency facility
Michael Marray
17 Aug 2022
Saudi Electricity Company ( SEC ) has signed a US$567.5 million export credit agency ( ECA ) facility for its Saudi Arabia-Egypt electricity interconnection project. It has also secured a syndicated facility amounting to US$3 billion for refinancing.