Burullus Gas Company SAE

Also known as: BGC Last updated on: 16 November 2020

Combined Cycle (COGAS) power plants for Egypt: Deutsche Bank, HSBC and KfW IPEX-Bank structure and arrange EUR 3.5 billion in financing

12 April 2016Over EUR 3.5 billion to finance the largest combined cycle power plants in the worldDeutsche Bank, HSBC and KfW IPEX-Bank structure and arrange ECA-underwritten financing for 17 international banksGerman technology expert Siemens to deliver its latest generation of gas turbines to Egypt for the three high-efficiency power plantsDeutsche Bank, HSBC and KfW IPEX-Bank have jointly struct

Press Release - 12-Apr-2016

Deutsche Bank, HSBC and KfW IPEX-Bank fix €3.5bn finance for Egypt power plants

12 April 2016 Deutsche Bank, HSBC and KfW's Ipex Bank have arranged €3.5 billion ($4 billion) in financing for state-owned Egyptian Electricity Holding Company to buy three gas power plants from Siemens, Deutsche Bank announced Tuesday.The financing is for the Beni Suef, Burullus and New Capital combined cycle power plants in Egypt.The three are syndicating the debt to a consortium of 17 internati

Amwal Alghad - 12-Apr-2016

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