Advertisement

ENERGY

Share
<i> Times Staff and Wire Reports</i>

Financing Completed for Indonesia Plant: A group that includes SCEcorp’s Mission Energy Co. unit closed $2.5 billion in financing to build the coal-fired power plant in East Java. The bulk of the funding, $1.82 billion, comes from the Export-Import Bank of Japan, with support from Japan’s Ministry of International Trade and Industry, the Export-Import Bank of the United States and the Overseas Private Investment Corp. of the United States. A group of eight commercial banks is also contributing.

Advertisement