Essar Oil UK secures $150 million financing for working capital and low-carbon refinery project
Essar Oil UK Ltd. (EOUK), a subsidiary of Essar Energy Transition (EET), has secured $150 million in financing from Hamburg Commercial Bank AG and Mizrahi Tefahot Bank Ltd. for working capital and general expenses. The financing will help EOUK strengthen its customer relationships, increase its sales volumes and optimize its longer term financing strategy. EOUK…