Gas turbine project in Iraq secures $211m UK funding

UK Export Finance (UKEF) is to provide $210.8 million (£148.9m) to help General Electric (GE) Global Services secure a landmark gas turbine contract in Iraq. The project will upgrade and repair existing turbines across 10 sites to deliver an improved and secure power source, able to generate 6.5GW of capacity and powering millions of homes across […]

UK grants $17m for gas-fired power plants in Iraq

UK Export Finance (UKEF) is providing $17 million (£13m) for two firms to deliver power projects in Iraq. Enka UK and General Electric (GE) will use the financing for the construction of two 150MW gas-fired power plants at Dhi Qar and Samawa in southern Iraq. They are expected to help alleviate severe energy shortages in […]

UK to provide $34.8m to Kurdistan for water project

Kurdistan will receive a loan worth $34.8 million (£27.14m) to finance a contract with a UK water engineering company. The money from UK Export Finance (UKEF) will support the deal between Kurdistan Regional Government and British water and wastewater engineering firm Biwater. It will be used to finance the first phase of a project designed to […]