Finance Archives - Page 2 of 11 - SaudiGulf Projects

1,400 MW: Firms announces Financial Close for Al Masa’a and Al Henakiyah-2 Solar Power Plant

November 6, 2025 Mohammad S

A consortium led by EDF Power Solutions and SPIC Huanghe Hydropower Development Co., Ltd. (SPIC HHDC), in partnership with Saudi Aramco Power Company (SAPCO), a …

ACWA Power Signs $10 Billion In New Clean-Energy And Financing Agreements

October 30, 2025 Mohammad S

ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, announced the signing of a series …

Saudi Electricity Company Signs $3 Billion Financing Agreements

October 30, 2025 Mohammad S

The Saudi Electricity Company (SEC) announces that it has signed multiple strategic agreements with leading local and international financial and technology institutions, with a total …

Saudi’s WETICO Secures Financing Deal of SAR 957 million

October 22, 2025 Mohammad S

Water and Environment Technologies Company – WETICO, Saudi Arabia announces that it has Secured financing from Arab National Bank (ANB). The company stated that it …

SEC and ACWA Power Achieve $2.9 Billion Financial Close for Qurayyah CCGT IPP

October 21, 2025 Mohammad S

Saudi Electricity Company “SEC”, ACWA Power Company announces that Hajar Two Electricity Company (the project Company), has achieved financial close of the Qurayyah CCGT IPP …

Bracewell Advises Masdar-Led Consortium on $1.1 Billion Solar IPP Financial Close in Saudi Arabia

September 29, 2025 Mohammad S

Bracewell (UK) LLP announces that it has represented the consortium comprising Abu Dhabi Future Energy Company (Masdar), Korea Electric Power Corporation (KEPCO) and GD Power …

$500M Financing Secured for Oman–GCC Electrical Interconnection Project

September 13, 2025 Mohammad S

The GCC Interconnection Authority (GCCIA) and Sohar International Bank,Oman have signed a $500 million interim financing agreement to support the implementation of a direct electricity …

ACWA Power and ADB to Build Central Asia’s First Wind Power Plant with Battery Energy Storage

September 12, 2025 Mohammad S

The Asian Development Bank (ADB) and ACWA Power Company (ACWA Power) signed a $51 million loan package to build the Nukus 2 Wind and Battery …

TAQA, JERA and AlBawani Announces Financial Closing of ‘Rumah 2’, ‘Al Nairyah 2’ IPP Projects

September 3, 2025 Mohammad S

Abu Dhabi National Energy Company (TAQA), together with JERA Co., Japan’s largest power generation company and AlBawani Capital (AlBawani), a subsidiary of AlBawani Holding, a …

ACWA Power, SEC and KEPCO announces Financial Close for Rumah 1 and Nairyah 1 IPP Projects

August 25, 2025 Mohammad S

ACWA Power, and Saudi Electricity Company (SEC) in collaboration with Korea Electric Power Corporation (KEPCO), announced the Financial Close for Rumah 1 and Nairyah 1 …