Citibank and ING Bank, alongside with Export Credit Agency’s Korea Trade Insurance Corporation, K-SURE, and Swiss Export Risk Insurance, SERV (the “Lenders”), have closed a $521.5 million, 12-year supported financing loan for Petrovietnam Power Corporation (PV Power). This financing will support the completion of PV Power’s Nhon Trach 3 and 4 power plants, which are set to be Vietnam’s first liquefied natural gas (LNG) to electricity plants. In parallel with the ECA Financing, the Lenders […]