Yanbu 4 IWP closes debt package

In:

Infrastructure, Waste and water

Region:

Middle East & Africa

By Max Thompson

Joint sponsors of the Yanbu 4 IWP project in Saudi Arabia - Engie and Mowah - have reached financial close on a $480 million DFI-backed debt package to back the $880 million scheme. Financial close was initially expected to take place by August 2020 but the Covid-19 pandemic slowed progress on the...

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