Finance Archives - SaudiGulf Projects

UAE’s TAQA and EWEC Announce Financial Closing for the 1 GW Al Dhafra Power Plant

December 30, 2025 Mohammad S

Abu Dhabi National Energy Company PJSC (“TAQA”), UAE, together with Emirates Water and Electricity Company (EWEC), announced the financial closing of the ~ AED 3.6 …

ACWA Power Announces Refinancing of Rabigh 3 IWP

December 22, 2025 Mohammad S

ACWA Power, announces that it has completed the refinancing of the Rabigh 3 Independent Water Project (IWP). The transaction is an important milestone for Saudi …

UAE’s ADNOC secures $2 billion K-SURE-backed Green Financing

December 21, 2025 Mohammad S

Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”), has signed a $2 billion (AED7.34 billion) green financing agreement backed by Korea Trade Insurance Corporation (K-SURE) …

ADNOC, Eni and PTTEP Secures Structured Financing of up to $11 Billion for Hail and Ghasha Gas Development

December 18, 2025 Mohammad S

Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”), in partnership with Eni S.p.A. (“Eni”) and PTT Exploration and Production Public Company Limited (“PTTEP”), announced the …

Saudi Electricity Company Signs Up to $1 Billion Financing Agreement with Italian Export Credit Agency (SACE)

December 13, 2025 Mohammad S

Saudi Electricity Company (SEC) has signed a landmark financing agreement with the Italian Export Credit Agency (SACE), with a total value of up to USD …

ACWA Power Announces Financial Close for 15,000 MW Renewable Energy Projects in Saudi Arabia

November 27, 2025 Mohammad S

ACWA Power Company, Saudi Arabia announces the financial close for a combined capacity of 15,000 MW Renewable Energy Projects. Solar PV Projects The Projects includes …

Kuwait Petroleum Signs $4.8 Billion Financing Deal

November 18, 2025 Mohammad S

Kuwait Petroleum Corporation announces that it has secured a landmark KD 1.5 billion joint financing deals. The financing received from the Banks led by the …

Dentons advises EDF-led consortium on financial close of 1.4 GW solar projects in Saudi Arabia

November 15, 2025 Mohammad S

Dentons announces that it has advised a consortium led by EDF Power Solutions (EDF) and SPIC Huanghe Hydropower Development Co., Ltd., in partnership with Saudi …

Bahrain’s Eskan Bank announces Financing Syndication Deal Worth $664.8 Million

November 9, 2025 Mohammad S

Bahrain’s Eskan Bank announced the successful conclusion of a financing syndication deal worth BHD 250 million, secured in collaboration with leading local, regional, and international …

Mabanee Signs Financing Agreements for The Avenues Riyadh Project

November 9, 2025 Mohammad S

Kuwait’s Mabanee announces that, in the context of completing the development stages of The Avenues Riyadh project, Mabanee – together with its partners in Shomoul …