Sharjah Hamriyah Independent Power reaches financial close

Project sponsors GE, Sumitomo, Shikoku Power and Sharjah Asset Management have reached financial close on the $1.13 billion ECA-backed loan backing project company Sharjah Hamriyah Independent Power’s 1800MW gas-fired IPP in Sharjah, UAE. The 24-year debt, signed at end of March, comprises...