Finance
Saudi Arabia’s 2GW Al Sadawi Solar Project Achieve Financial Close
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, and consortium partners GD Power and Korea Electric Power Corporation announced that …
Finance
Finance
ACWA Power, SEC and KEPCO Secures $3.4 billion Senior Debt Financing for 3.6GW Power 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 …
Finance
Emirates NBD concludes AED 3.9 billion Banking Facilities for Dubai Metro ‘Blue Line’ Project
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 …
Finance
Firms Signs $205 million Financing Agreement for GCC Power Grid Interconnection
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 …
Finance
GS Inima Secures Financing to Build PV Plant at Barka V Desalination Plant in Oman
GS Inima announces that it has secured the necessary financing to build a 6.3MWp photovoltaic plant at the Barka V desalination plant in Oman. This …
Finance
AMEA Power Announces Financial Close on Egypt’s first-ever utility-scale BESS
AMEA Power, UAE announces that it has reached financial close on Egypt’s first-ever utility-scale Battery Energy Storage System (BESS). The 300MWh BESS Project located in …
Finance
Emirates NBD Partners with Siemens to Boost Green Infrastructure Financing
Emirates NBD, UAE has partnered with Siemens to announce an innovative finance and resourcing agreement aimed at accelerating the funding of future green infrastructure projects …
Finance
Rabigh 2 Solar IPP: Aljomaih Energy Achieves $220M Financial Close for 300MW Plant
Aljomaih Energy and Water Company, Saudi Arabia announced that its consortium with France’s TotalEnergies Renewables has achieved financial close on the 300 megawatt (MW) Rabigh …
Construction
Diriyah Company signs $1.6 billion financing agreement with Banque Saudi Fransi
Diriyah Company, Saudi Arabia announces that it has secured a USD1.6 billion (SAR 6 billion) financing agreement from Banque Saudi Fransi (BSF) to fund the …
Finance
Oman’s Be’ah Signs $132million Financing Agreement with Ahli Islamic Bank
Oman Environmental Services Holding Company (Be’ah) signed a financing agreement with Ahli Islamic Bank to implement the second phase of the industrial waste treatment facility …