Finance Archives - Page 4 of 13 - SaudiGulf Projects

$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 …

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

August 19, 2025 Mohammad S

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 Mohammad S

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 Mohammad S

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 Mohammad S

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 …

GS Inima Secures Financing to Build PV Plant at Barka V Desalination Plant in Oman

June 19, 2025 Mohammad S

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 …

AMEA Power Announces Financial Close on Egypt’s first-ever utility-scale BESS

June 15, 2025 Mohammad S

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 …