Sahara Energy Secures $225M to Fund Global Market Expansion

Energy firm Sahara Energy has secured $225 million in credit funding from 19 international and regional banks to fund its market expansion strategy.

The revolving credit facility (RCF) strengthens the company’s financial flexibility, providing enhanced trade finance capabilities and general working capital.

The RCF was oversubscribed, reflecting strong interest from Sahara Energy’s existing and new financial partners.

“The oversubscription of this facility is a testament to the strength of our relationships, the resilience of our business model, and the continued trust in Sahara’s growth strategy,” stated Nicolas Mignot, Chief Financial Officer of Sahara Energy.

Sahara Energy secured $175 million through its inaugural RCF to support its energy security, sustainability businesses and expansion across the global energy value chain.