Standard Chartered leads $95m Iraq Power Financing

Last Update: 2025-02-12 06:00:30 - Source: Iraq Business News

By John Lee. Standard Chartered has successfully arranged a $95-million term loan for the Iraqi Ministry of Finance, supporting the supply of five electrical substations across northern and southern Iraq. The financing, backed by a 100% UK Export Finance (UKEF) guarantee, covers both political and commercial risks. The Ministry of Electricity will use the funds […]

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