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GDF Suez and ADWEA Secure $1.1 Billion Loan to Replace $900 Million Bridge Loan for Shuweihat 2 IWPP
BANGALORE, INDIA--November 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--The stakeholders in the Shuweihat 2 independent water and power project have secured a $1.1 billion loan to replace the initial bridge loan that was due to expire this September. The amount will be sourced from a lineup of 12 banks and financial institutions, including four Japanese firms, each of which has committed funds of about $100 million.
Other companies featured: GDF Suez Energy International (EPA:GSZ), Natixis (EPA:KN), Standard Chartered plc (LSE:STAN), National Bank of Abu Dhabi (ABD:NBAD), Marubeni Corporation (TYO:8002), Mizuho Financial Group Incorporated (TYO:8411)
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