The debt would be used as export support for six Westinghouse Electric AP1000 nuclear reactors.
Construction of the plant is due to start next year.
The upgrade will be good news for the ECA's cost of borrowing and on-lending.
Offers for the bank’s $3 billion Greek shipping portfolio, which it has had up for sale for over a year, failed to meet expectations and RBS has decided a gradual wind down of loans to maturity is a better option than a distressed asset sale.
The debt is linked to the Consumer Price Index (CPI), owing to the fact that the project is supported by the UK government’s Contract for Difference (CfD) subsidy.
National infrastructure fund Fonadin is set to take over the toll road from project sponsor ICA, which suspended construction in Q4 last year.
The new office will be run by Suresh Samuel as managing director.
Mesa was last in the finance market in December 2015 when it closed its first EETC offering.
Itau, Rabobank and Santander are the mandated lead arrangers.
A stop-gap spending measure could allow for deals larger than $10 million to be approved without a three-member board.
HFW’s international finance team will be further strengthened in January 2017 by Olivier Bazin who will join as a partner in the Geneva office.
The sponsors are expecting to reach financial close at the same time as signing the final concession documents with the state government of Victoria, at the end of October.
The deal will be the first co-financing by the AIIB and IBRD.
Despite the licensing, financing the Boeing sales is unlikely to be straightforward given US Exim’s current inability to sign off on deals of greater than $10 million.
The loan will be part of a wider financing for project sponsors Samsung C&T, Kayi Insaat Sanayi ve Ticaret, Salini Impregilo and a Page 3 private equity investment fund (PEIF): investors in the PEIF comprise mostly Korean and Turkish institutional investors
Simon-Lewis brings 20 years of experience in project and structure finance, with a particular specialism in the renewable energy sector.
Proceeds will be used to buy manufacturing equipment to increase pallet production capacity and for sanitisation equipment that will be installed at Axios’ new facilities.
Due to be completed in Q4 2016, Senergy 2 is expected to be Senegal’s first operational IPP solar power plant.
The US-based marine fuel company will use the funds as working capital for purchases, transportation, storage and sale of fuel.
The deal is a new money loan designed to meet the capex needs of SEC’s power grid upgrade under the Accelerated Strategic Transformation Program launched by the borrower two years ago.