Sohar International and National Bank of Oman jointly leads $720mln refinancing facility for Phoenix Power

Reinforcing its commitment to supporting Oman’s strategic infrastructure and economic development priorities, Sohar International and National Bank of Oman (NBO), signed the financing documents for the USD 720 million syndicated refinancing facility for Phoenix Power Company SAOG (PPC), following the 15-year extension of its Power Purchase Agreement (PPA) with Oman…