Financing deal reached on El Salvador LNG power project May 12, 2021 6:26:pm Summary by: Daniel Graeber Posted in: Financing deal reached on El Salvador LNG power project A division of BW Group, an oil and gas producer, said May 12 its partners had closed on a financing deal to support an LNG-to-power project in El Salvador BW LNG said it closed on a $128.3mn financial deal with sustainable energy developer Invenergy and IDB Invest, part of the Inter-American Development Bank Group, to back a floating storage and regasification unit (FSRU) for the greater Energia del Pacifico (EDP) LNG-to-power project. “This is the region's first FSRU, which will be permanently moored at the Port of Acajutla, Sonsonate, El Salvador,” the companies said. “Invenergy and BW LNG will jointly commission, operate and maintain the FSRU.”