May 12, 2026
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HomeFinance

Finance

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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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 …
Press Releases

Red Sea Global brings Sustainable Aviation Fuel to the Kingdom for the first time

February 26, 2025
Red Sea Global (RSG), the developer behind regenerative tourism destinations The Red Sea and AMAALA, has announced a deal to bring Sustainable Aviation Fuel (SAF) …
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Orascom, Aeolus and ENGIE Consortium to Develop 900 MW Build-Own-Operate Wind Farm in Egypt

March 23, 2026
Orascom Construction PLC announces that it has signed, in a consortium with Aeolus and ENGIE, a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission …
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