Japanese banks sign joint loan to fund Qatar’s biggest mega solar power plant

The Japan Bank for International Cooperation (JBIC) and Mizuho Bank have signed a syndicated bank facility worth $330 million to fund the construction of Qatar’s first mega solar power plant, Japan Times reports. “This loan is expected to contribute to Read more

KSA: State-owned electricity SEC signs $2.15bn revolving credit facility with 8 international banks

Saudi Electricity Company (SEC), the largest electricity company in the Arab world, inked Thursday a deal for a $2.15-billion revolving credit facility with eight international financial institutions that have agreed to support the utility company expand its public work. The Read more