Finance Archives - Page 2 of 11 - SaudiGulf Projects

November 30, 2025

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

September 29, 2025 SaudiGulf Projects

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 SaudiGulf Projects

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 SaudiGulf Projects

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 SaudiGulf Projects

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 SaudiGulf Projects

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 …

Saudi Arabia’s 2GW Al Sadawi Solar Project Achieve Financial Close

August 19, 2025 SaudiGulf Projects

Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, and consortium partners GD Power and Korea Electric Power Corporation announced that …

ACWA Power, SEC and KEPCO Secures $3.4 billion Senior Debt Financing for 3.6GW Power Projects

August 8, 2025 SaudiGulf Projects

ACWA Power, and Saudi Electricity Company (SEC) in collaboration with Korea Electric Power Corporation (KEPCO), announced the signing of senior debt financing documents for Rumah …

Emirates NBD concludes AED 3.9 billion Banking Facilities for Dubai Metro ‘Blue Line’ Project

July 16, 2025 SaudiGulf Projects

UAE’s Emirates NBD has concluded AED 3.9 billion Syndicated Bonding Facilities to a consortium created by MAPA, LIMAK and CRRC that will deliver the new …

Firms Signs $205 million Financing Agreement for GCC Power Grid Interconnection

June 26, 2025 SaudiGulf Projects

Abu Dhabi Fund for Development (ADFD) has signed a financing agreement with the Gulf Cooperation Council Interconnection Authority (GCCIA) to support the expansion of the …