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HomeFinance

Finance

Finance

ACWA Power announces financial close for Sudair Solar PV Plant

August 15, 2021 Mohammad S
ACWA Power announced in a statement regarding the financial close for the 1500 MW Sudair Solar PV plant, a key project under the Public Investment …
Construction

Wave1 of Saudi schools PPP reaches Financial Close

April 16, 2021 Mohammad S
Ajyad Knowledge Company for Education and Training and Al Bawani Company Limited, in its capacity as the Sponsors, and Tatweer Buildings Company (TBC), in its …
Finance

Cranmore appointed as Financial Consultant for 7GW Taiba and Qassim IPP

April 7, 2021 Mohammad S
Cranmore Partners, UAE appointed as Financial Consultant for Saudi Electricity Company (SEC)’s  two large gas-fired independent power producer (IPP) projects, which will be located in …
Finance

Marubeni signed financing deal of $235m for Rabigh Solar PV Plant

March 31, 2021 Mohammad S
The Japan Bank for International Cooperation (JBIC) announced in a statement that it has signed a financing agreement for the Rabigh Solar PV Plant of …
Finance

Saudi Arabia Announces Financial Close of $880m Yanbu 4 IWP

March 21, 2021 Mohammad S
Saudi Water Partnership Company (SWPC) announced in a statement that it has successfully achieved the Financial Close for Yanbu-4 IWP. The total cost of the …
Finance

Saudi Arabia announces the financial closure of $85 million Taif ISTP

November 8, 2020 Mohammad S
The Saudi Water Partnerships Company (SWPC) and the Consortium of “Cobra” and “Tawzea” companies announced  in a statement regarding the financial closure of the Taif …
Finance

Consortium announces the financial closure of Jeddah Airport 2 ISTP

September 14, 2020 Mohammad S
The Consortium lead by Marafiq (Power and Water Utility Company for Jubail and Yanbu) announces the financial closure of Jeddah Airport 2 ISTP (Independent Sewage …
Finance

ACWA Power announces the financial closure of Jubail 3A IWP

September 7, 2020 Mohammad S
Saudi Arabia’s ACWA Power, announced in a statement the the successful signing of senior financing agreements, financial closure of Jubail 3A IWP (Independent Water Producer) …
Finance

Saudi Arabia’s Dammam ISTP reaches financial closing

June 2, 2020 Mohammad S
Saudi Water Partnership Company (SWPC) and the consortium led by the Metito Group comprising the companies; “Metito”, “Mowah”, and “Orascom Construction” announces the successful financial …
Finance

Companies achieve financial closure for Saudi Arabia’s 300MW Solar project

November 15, 2018 Mohammad S
ACWA Power a leading developer, owner, and operator of power generation and water desalination plants, leading a consortium with AlGihaz Holding Company, a major Saudi contractor …

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NEOM

AlGihaz awarded $137.4m NEOM NIC Circle Substation

January 2, 2022
Saudi Electricity Company (SEC) awarded the project, Construction of NIC Circle 380/132kV Substation. The Project location is in NEOM Saudi Arabia. The Project has been …
Construction

Aramco, Baosteel and PIF sign agreement to establish first integrated steel plate manufacturing complex in Saudi Arabia

May 1, 2023
​Aramco, one of the world’s leading integrated energy and chemicals companies, Baoshan Iron & Steel Co., Ltd. (Baosteel), the world’s leading steel conglomerate, and the …
Power

Alfanar awarded $11million 380kV Reactors Project for Qaisumah region

November 24, 2020
Saudi based Alfanar Construction Company secured the project “Installation of 380kV Reactors at Qaisumah 380/115kV Substation. The location of project is in Qaisumah , eastern …
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