Financing for Natural Gas Generation Project in United States
Japan, Oct. 9 -- The Japan Bank for International Cooperation (JBIC) signed on September 25 an amendment agreement to increase the maximum amount of a loan (from approximately USD630 million) to approximately USD1,976 million with Japan Invest 3 LLC (JI3), a U.S. company established with equity investment from JBIC. The loan is co-financed with private financial institutions, bringing the total co-financing amount to approximately USD5,917 million following the amendment. Nippon Export and Investment Insurance (NEXI) will provide the insurance for the loan by the private financial institutions. The loan is intended to provide the funds necessary for JI3 to invest in a natural gas generation project, under the Strategic Investment Initiative...
To read the full article or to get the complete feed from this publication, please
Contact Us.