Ex-Im Bank Approves $638Mn For Qurayyah IPP

Published on Monday, 16 Jan 07:00 am

The US’s Export-Import Bank’s (Ex-Im’s) board of directors approved a $638mn direct loan for a sale of gas and steam turbines by Siemens Energy. The turbines are part of a project valued at $2.8bn that involves the construction and operation of a combined cycle, gas-fired independent power project (IPP) with a capacity of 4.0gw.
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