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HomeFinance

Finance

Finance

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 …
Finance

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 …
Finance

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 …
Finance

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 …
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 …

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Spetco submits lowest bid of $3.2billion for Jurassic Production Facilities 4&5

April 6, 2021
Kuwait Oil Company (KOC) announces the bid results for the project, Jurassic Production Facilities 4&5, JPF -4 & JPF -5 for testing, processing and handling …
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Nesma awarded $45.8 million New Contract

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Nesma Infrastructure & Technology, Saudi Arabia announces that it has signed a new contract with the King Fahd Causeway Authority. The value of the contract …
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UK’s CDE sand washing solutions to support major land remediation effort in Kuwait

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