KEPPT Engages J.P. Morgan to Arrange Financing for $1.6 Billion Iraq Urea Plant
KAR Electrical Power Plant Production Trading FZE (KEPPT) has engaged J.P. Morgan to arrange development financing for a $1.6 billion urea plant in Basra, Iraq. The agreement marks a milestone for KEPPT and for Iraq's industrial and economic development. KEPPT will work with the bank to progress financing for the project alongside several Export Credit