Perusahaan Listrik Negara (PLN) (Persero)

PT PLN (Persero) - ECA-Direct Loan

Industry
Power/Conventional power
Area of finance
Export & Agency Finance
Country
Indonesia

Deal Overview

Hungarian Export Import Bank Plc. (HEXIM) and Export Development Canada (EDC), have partnered for the first time as original lenders to co-finance the investment of eight GE-powered  GE’S ECA agreements and financial structuring capabilities enable large-scale infrastructure solution...

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Hungarian Export Import Bank Plc. (HEXIM) and Export Development Canada (EDC), have partnered for the first time as original lenders to co-finance the investment of eight GE-powered 

GE’S ECA agreements and financial structuring capabilities enable large-scale infrastructure solution  

ECA financing solution follows GE’s 2015 agreement to build 500 megawatts of fast power plants for Indonesia electricity company, PLN, using 20 GE TM2500 gas turbine generator packages  

Eight projects will be completed and help PLN to meet President Joko Widodo’s installed capacity goal of 35,000 megawatts by 2019 

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Deal Volume
$ 435m
Financial Close
13 December 2016
Sources
Submitted by participant(s), Press release, Press release

All Dealmakers

Guto Davies

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Teguh Widhi Harsono

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Ashley Mcdermott

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John Uehlinger

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Logan Wright

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Virginia de Lama

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Margit Labancz

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Ashley McDermott

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Tranches


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