Korea Eximbank funds Guam solar project

By Global Infrastructure Sherpa · Feb 5, 2026

Financing SolarStorage signed Yona, Guam Feb 5, 2026

USD514M

Deal Value

132 MW

Capacity

development

Stage

The Export-Import Bank of Korea, together with financial institutions in France and Singapore, will provide $514 million in financing for Guam's largest solar project, which Korea Electric Power Corporation (KEPCO) and Samsung C&T have won. The project will build a large-scale solar and energy storage system complex in Yona, Guam. The Guam Power Authority (GPA) plans to purchase all electricity produced by the project for 25 years. The Export-Import Bank's financing package consists of a $150 million project financing loan and a $91 million equity bridge loan. NATIXIS and DBS Bank are also involved in the financing.

Deal Analysis

The Export-Import Bank of Korea (Korea Eximbank), along with financial institutions in France and Singapore, is providing $514 million in financing for a large-scale solar and energy storage system complex in Yona, Guam. Korea Electric Power Corporation (KEPCO) and Samsung C&T are developing the 132 MW project. The financing package from Korea Eximbank includes a $150 million project financing loan and a $91 million equity bridge loan. NATIXIS and DBS Bank are also participating as lenders. The Guam Power Authority (GPA) will purchase all electricity generated by the project under a 25-year power purchase agreement (PPA). This deal signifies a substantial investment in renewable energy infrastructure for Guam, supporting the island's transition towards cleaner energy sources. The involvement of major players like KEPCO, Samsung C&T, and Korea Eximbank, alongside international financial institutions, underscores the project's credibility and potential for success. The long-term PPA with GPA provides revenue certainty and de-risks the investment for the lenders and developers.

Total financing of $514 million for a 132 MW solar and energy storage project.
Involvement of major players: KEPCO, Samsung C&T, Korea Eximbank, NATIXIS, and DBS Bank.
25-year power purchase agreement with the Guam Power Authority (GPA) provides long-term revenue stability.
Korea Eximbank's participation highlights the Korean government's support for overseas renewable energy projects.

Market Context: The solar and energy storage sector is experiencing rapid growth globally, driven by increasing demand for clean energy and declining technology costs. Island nations like Guam are particularly well-suited for solar projects due to high electricity costs and abundant sunshine. Project financing is a common structure for large-scale renewable energy projects, enabling developers to secure the necessary capital from lenders.