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Calyon and SNC-Lavalin Capital close USD 640 M Algerian power mandate
Calyon and SNC-Lavalin Capital announce that they have successfully completed their respective co-advisory mandates for the structuring of USD 640M project finance debt for Shariket Kahraba Hadjret En Nouss S.p.A. (SKH), a company 51% owned by Algerian Utilities International Limited (AUIL), and 49% by three subsidiaries of the Government of Algeria: Sonatrach, Sonelgaz and Algerian Energy Company. AUIL is equally owned and managed by SNC-Lavalin Constructors International Inc. and Mubadala Development Company, Abu Dhabi...