Finance Archives - Page 10 of 13

NEOM Green Hydrogen Company signs facility agreements

December 21, 2022 Mohammad S

NEOM Green Hydrogen Company (NGHC), Saudi Arabia announced the signing of facility agreements with local, regional and international banks along-with execution of a commitment letter …

Saudi Arabia’s Advanced Petrochemical announces the financial close of SAR 6.1bn for PDH and PP Plant

December 6, 2022 Mohammad S

Advanced Petrochemical Company, Saudi Arabia announces the financial close for the financing of SR 6.1 Billion Shari’ah Compliant Islamic Facilities by Advanced Polyolefins Industry Company …

Bahrain’s Alba announces Financial Close for its 680.9MW Power Station

November 16, 2022 Mohammad S

“Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminium smelters, announced in a statement that it has reached the financial close for its Block …

SWPC announces financial Close for the Shuaibah-3 IWPP Conversion Project

October 27, 2022 Mohammad S

Saudi Water Partnership Company (SWPC) announced in a statement that it has successfully achieved financial close for the Shuaibah-3 IWPP Conversion Project, from Multi-stage Flash …

Standard Chartered arranges financing for Saudi-Egypt electricity interconnection project

October 18, 2022 Mohammad S

Standard Chartered Bank (with Sumitomo Mitsui Banking Corporation) announces the provision of a $566.4m Export Credit Agency supported Islamic financing facility for Saudi Electricity Company …

Saudi Arabia’s PIF Announces Successful Completion of USD 3bn Inaugural Bond

October 6, 2022 Mohammad S

The Public Investment Fund (PIF) announced in a statement that it has completed its first-ever bond issuance, first-ever century green bond, raising USD 3 billion …

UAE achieves financial close for $3.8bn HVDC subsea power transmission network Project

September 25, 2022 Mohammad S

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) announced the successful financial closing of their $3.8 billion strategic project …

UAE’s TAQA secures AED4 billion Project Financing for Mirfa International Power & Water Plant

September 21, 2022 Mohammad S

Abu Dhabi National Energy Company (TAQA), UAE has announced that the Mirfa International Power & Water Company (MIPCO), the project company that owns and operates …

Masdar Achieves Financial Close on Uzbekistan’s 500MW Wind Project

September 3, 2022 Mohammad S

Masdar, UAE, announced that it has achieved financial close on the 500-megawatt (MW) Zarafshan wind project – Uzbekistan’s first utility-scale wind farm. The announcement was …

J.O Steel, UK to Invest $865 Million in Saudi Arabia

September 1, 2022 Mohammad S

UK-based J.O. Steel Holdings PLC announced in a statement that it has secured a $692 million credit facility from a consortium of banks and financial …