Finance Archives - Page 10 of 11

Kuwait Fund Signs $115m Finance agreement for GCC Electricity Interconnection

March 25, 2022 Mohammad S

A Loan Agreement was signed in Kuwait Fund Headquarters between Gulf Cooperation Council Interconnection Authority) GCCIA (and Kuwait Fund for Arab Economic Development, whereby The …

ADIB allocates US$61 million provision for first green finance deal in Saudi Arabia

March 23, 2022 Mohammad S

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced in a statement the provision of US$61 million in financing for green-certified projects in Saudi …

Acciona Raises $480m in Green Finance for Three Sewage Treatment Plants in Saudi Arabia

March 7, 2022 Mohammad S

ACCIONA, a leading company in the development of water and other sustainable infrastructure, together with its local partners Tawzea and Tamasuk, announced that it has …

SWPC Announces Financial Close of three Independent Sewage Treatment Plants

March 4, 2022 Mohammad S

Saudi Water Partnerships Company (SWPC) announced that it has successfully achieved financial close for three Independent Sewage Treatment Plants (ISTP) – Madinah-3 ISTP, Tabuk-2 ISTP …

ACWA Power led consortium achieves financial close for the US$1.59 billion Red Sea Project

February 24, 2022 Mohammad S

A consortium led by ACWA Power, and composed of SPIC Huanghe Hydropower Development Company and Saudi Tabreed Cooling Company, has achieved financial close for the …

Saudi Aramco closes $15.5bn gas pipeline deal with global investor consortium

February 23, 2022 Mohammad S

Saudi Arabian Oil Company (Saud Aramco) and an international investor consortium, led by affiliates of BlackRock and Hassana, announced the successful closing of the lease …

The Red Sea Development Company Financially Closes on $3.76b Loan

January 20, 2022 Mohammad S

Saudi Arabia’s The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, announced that it has achieved Financial Close …

TAQA Group, EWEC issues $700.8m first green bond linked to solar PV plant

January 17, 2022 Mohammad S

Abu Dhabi National Energy Company PJSC (TAQA) along with Emirates Water and Electricity Company (EWEC) announced the successful pricing of green senior secured bonds for …

ACWA Power Announces financial close for Jazan IGCC

October 27, 2021 Mohammad S

International Company for Power and Water Projects (ACWA Power) announces the financial close for US$7.2billion senior debt facilities for the Jazan Integrated Gasification Combined Cycle …

Saudi Arabia Announces Financial Close of $693.3m Jubail 3B IWP

October 20, 2021 Mohammad S

Saudi Water Partnership Company (SWPC) announced in a statement that it has successfully achieved the Financial Close for Jubail 3B IWP. The total cost of …