Ministry of Finance Iraq

MoF Iraq - US EXIM Backed Financing

Industry
Power/Gas-fired combined cycle
Area of finance
Export & Agency Finance
Region
Middle East
Middle East
Countries
Iraq

Deal Overview

The Republic of Iraq, represented by the Minister of Finance, secured $243.8 million to finance contract with Stellar Energy to deliver its cooling technology as part of an upgrade to Siemens gas turbines at the Kirkuk Power Plant in Iraq, to convert it from single cycle to a combined-cycle plant.

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Deal Volume
$243.86m
Financial Close
10/01/2025
Dealmakers
Sources
Submitted by participant(s)

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