Friday, 04 August 2017

Alba raises ECA financing for near CCGT in Bahrain

Site of the Line 6 Expansion Project at Alba Site of the Line 6 Expansion Project at Alba

Aluminium Bahrain (Alba), one of the world’s largest aluminum producers, has raised financing for a 1,792 MW combined-cycle gas turbine power plant in Bahrain – supported by GE Energy Financial Services. SERV, a Swiss Export Credit Agency (ECA), agreed to back $310.4 million and €314.3 million loans with reinsurance from BpiFrance and Italy’s SACE.

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