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HomeFinance

Finance

Finance

SWPC announces financial close of Al-Haer Independent Sewage Treatment Plant

February 8, 2025 Mohammad S
The Saudi Water Partnership Company (SWPC) announces the achievement of the financial close of the Al-Haer Independent Sewage Treatment Plant (ISTP) project in Riyadh. The …
Finance

ROSHN Group Secures SAR 2 Billion Credit Facility from Saudi National Bank

February 5, 2025 Mohammad S
ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a PIF Company, has agreed a two billion Saudi Riyal Shariah-compliant credit facility with …
Finance

Abu Dhabi’s Khalifa City School project achieves the financial close

January 9, 2025 Mohammad S
The BESIX-Plenary Group consortium announces that it has achieved the financial close on the Khalifa City School project in Abu Dhabi. The project was procured …
Finance

ACWA Power, HAU Energy achieves financial close for 1.1GW Suez Wind Farm in Egypt

January 5, 2025 Mohammad S
ACWA Power, Saudi Arabia, together with consortium partner HAU Energy, a subsidiary of Hassan Allam Utilities, have achieved the financial close for the 1.1GW Suez …
Finance

Saudi Electricity Company signs $3.6 billion Credit Facility Agreement

December 12, 2024 Mohammad S
Saudi Electricity Company (SEC) announces that it has signed USD 3.6 billion (equivalent to SAR 13.5 billion) International Syndicated Credit Facility agreement. The financing entities …
Finance

Jinko Power achieves financial close for 400 MW Tabarjal Solar PV Project

November 24, 2024 Mohammad S
Jinko Power Technology Co., Ltd announced in a statement that it has successfully achieved financial close and is set to commence construction on its 400 …
AMAALA

AMAALA : EDF and Masdar Consortium Achieves Financial Close on $1.5 billion Multi-Utilities Infrastructure Facility

October 31, 2024 Mohammad S
The consortium led by EDF Group and Masdar, alongside their partners Korea East-West Power Co. (EWP) and SUEZ, announced that it has reached the financial …
Finance

ACCIONA secures €300 million in sustainable financing for projects in GCC

October 18, 2024 Mohammad S
ACCIONA, announced in a statement that it has secured new sustainable financing worth €300 million to fund key projects aimed at reducing carbon emissions and …
Finance

Hafeet Rail Signs $1.5 billion Financing Agreements

October 9, 2024 Mohammad S
Hafeet Rail has signed the bank financing of the Hafeet Rail network project connecting the Port of Sohar with the United Arab Emirates (UAE), with …
AI and Data Center

Qatar’s Ooredoo Group Secures QAR 2 billion Financing Deal to Accelerate Data Centre Expansion

September 24, 2024 Mohammad S
Ooredoo Group announced a landmark QAR 2 billion financing deal to accelerate the growth of its data centre and AI business, enabling a significant expansion …

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Alfanar Signs Framework Agreement with Red Sea Global for EV Chargers

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Alfanar, Saudi Arabia announced in a statement that it has Signed a Framework Agreement with Red Sea Global for the Supply of Electrical Vehicle Chargers. …
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Kalpataru Bin Omairah awarded Jafurah Gas Plant 230 kV OHTL

February 18, 2021
JV of Kalpataru Power Transmission Limited (Kalpataru), India and Bin Omairah, Saudi Arabia signs a contract with Saudi Electricity Company (SEC) for the Construction of …
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Saudi Arabia awarded Taif ISTP to the consortium

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Saudi Water Partnership Company (SWPC), formerly known as Water & Electricity Company (WEC) signed an agreement to build the Taif Independent Sewage Treatment Plant, ISTP. …
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