MCB leads $400mn syndicated facility for Karpowership’s Africa operations

NAIROBI, Kenya, Nov 17 - The Mauritius Commercial Bank (MCB) has arranged and closed a $400 million syndicated facility for Sea World Energy Holdings Kenya breaking news | Kenya news today |..

✨ Key Highlights

Mauritius Commercial Bank (MCB) has successfully arranged and closed a $400 million syndicated facility for Sea World Energy Holdings Limited, the affiliate consolidating Karpowership Group's operations across Africa.

The facility was structured as a portfolio financing leveraging a pool of signed Power Purchase Agreements in Africa.
MCB served as the sole Mandated Lead Arranger and Account Bank for the transaction.
Karpowership operates a fleet of 40 vessels with an installed capacity of 8,000 MW across 14 countries.

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