The $1.2 billion project debt refinancing for the 1.73GW PP11 gas-fired independent power project (IPP) – sponsored by Saudi Electricity Company (50%), Engie (20%), Sojitz (15%) and Alijomaih (15%) – has reached financial close. The new 12-year debt runs to March 2033 – in line...
Andreas Back, senior manager, financial services, at Finnish energy and marine technology company, Wärtsilä, reflects on ECA-backed projects in the new global macro and...
The greatest impact of the second Trump administration is likely to be through its application of tariffs on global trade flows. But its impacts on project pipelines and...
Today’s Exile is Veronika Koroleva, Partner at gunnercooke. Veronika’s Exile celebrates the importance of mentorship and resilience, as well as embracing alternative working models to deal with problems that aren’t quite as unprecedented as we give them credit for.
Andreas Back, senior manager, financial services, at Finnish energy and marine technology company, Wärtsilä, reflects on ECA-backed projects in the new global macro and political paradigm emerging from the US. He’s optimistic for his company, less so personally.
The greatest impact of the second Trump administration is likely to be through its application of tariffs on global trade flows. But its impacts on project pipelines and through its official agencies should not be overlooked.
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