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Total financing consists of $5.85bn of senior debt and $475m of mezzanine debt facilities. Both are arranged on a non-recourse project finance basis, as follows:
> $1.5bn from the National Development Fund on behalf of the National Infrastructure Fund
> $1.25bn in the form of SR-denominated financing from the Saudi Industrial Development Fund
> The balance is from a consortium of financiers, structured as a combination of long-term uncovered tranches and an Euler Hermes covered tranche, comprising:
>> First Abu Dhabi Bank
>> HSBC
>> Standard Chartered Bank
>> Mitsubishi UFJ Financial Group
>> BNP Paribas
>> Abu Dhabi Commercial Bank
>> Natixis
>> Saudi British Bank
>> Sumitomo Mitsui Banking Corporation
>> Saudi National Bank
>> KFW
>> Riyad Bank
>> Norinchukin Bank
>> Mizuho Bank
>> Banque Saudi Fransi
>> Alinma Bank
>> Apicorp
>> JP Morgan
>> DZ Bank
>> Korea Development Bank
>> Credit Agricole
#greenhydrogen #greenammonia
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Generic #greenammonia Process has been created.
#hydrogen #greenhydrogen #haberbosch #electrolysis #airseparationunit #asu
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