ACWA-led team mandates banks for TRSDC

In:

Infrastructure, Other, Power, Renewables, Waste and water

Region:

Middle East & Africa

By Max Thompson

An ACWA Power/Energy China team has mandated banks on a $1.3 billion loan to finance the utilities piece of The Red Sea Development Company’s (TRSDC) tourism Red Sea giga-project in Saudi Arabia. Financial close is expected at the beginning of 2021.The project, which has an estimated total...

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