Finance
Mabanee Signs Financing Agreements for The Avenues Riyadh Project
Kuwait’s Mabanee announces that, in the context of completing the development stages of The Avenues Riyadh project, Mabanee – together with its partners in Shomoul …
Finance
Finance
1,400 MW: Firms announces Financial Close for Al Masa’a and Al Henakiyah-2 Solar Power Plant
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 …
Finance
ACWA Power Signs $10 Billion In New Clean-Energy And Financing Agreements
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 …
Finance
Saudi Electricity Company Signs $3 Billion Financing Agreements
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 …
Finance
Saudi’s WETICO Secures Financing Deal of SAR 957 million
Water and Environment Technologies Company – WETICO, Saudi Arabia announces that it has Secured financing from Arab National Bank (ANB). The company stated that it …
Finance
SEC and ACWA Power Achieve $2.9 Billion Financial Close for Qurayyah CCGT IPP
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 …
Finance
Bracewell Advises Masdar-Led Consortium on $1.1 Billion Solar IPP Financial Close in Saudi Arabia
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 …
Finance
$500M Financing Secured for Oman–GCC Electrical Interconnection Project
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 …
Finance
ACWA Power and ADB to Build Central Asia’s First Wind Power Plant with Battery Energy Storage
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 …
Finance
TAQA, JERA and AlBawani Announces Financial Closing of ‘Rumah 2’, ‘Al Nairyah 2’ IPP 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 …