MCB receives two awards for a USD 400m syndicated facility for Karpowership Group’s affiliate, Sea World Energy Holdings Limited

MCB is pleased to announce that the USD 400m syndicated facility arranged for Sea World Energy Holdings Limited (“Sea World”), an affiliate of Karpowership Group, has won two internationally recognised awards:

MCB acted as sole Mandated Lead Arranger and Account Bank for the transaction, reaching a successful close in November 2025. The syndicated facility was a highly bespoke financing solution, purpose-built for Karpowership’s dynamic business model of deploying floating power plants. It was structured as a portfolio financing, leveraging on a pool of signed Power Purchase Agreements (PPAs) in Africa and giving Karpowership financing flexibilities. 

MCB would like to thank all participating banks for their commitment to this transaction, to all advisors for their valuable contribution, and to the Karpowership team for their trust and confidence in MCB to structure and deliver this landmark financing.