Maxpower secures USD 282 mln financing from from Stanchart, Ocbc bank

MAXpower Group Pte Ltd, a power plant developer and operator with a focus in Southeast Asia, said that i has completed a US$282 million financing on June 12, 2015.

The financing include US$60 million structured equity investment from Standard Chartered Private Equity (SCPE), and a US$222 million debt refinancing where Standard Chartered Bank was advisor to the company and joint lead arranger with OCBC Bank.

The new equity and debt proceeds will be used to support MAXpower’s on-going development and construction program in Indonesia and other countries in South East Asia.

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Posted June 29, 2015 by repit in News

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