Finance Archives - Page 5 of 11 - SaudiGulf Projects

EDF, KOWEPO and Masdar announces Financial Close of 1.5 GW Al Ajban Solar PV Project

September 17, 2024 Mohammad S

The project company, led by EDF Renewables and Korea Western Power (KOWEPO), alongside their partner Abu Dhabi Future Energy Company PJSC – Masdar, announced the …

ACWA Power signs $2.6 billion financing agreements for 5,500 MW solar PV Projects

September 1, 2024 Mohammad S

ACWA Power, Saudi Arabia announces that it has signed financing agreements for three major solar photovoltaic (PV) projects – Haden, Muwayh and Al Khushaybi – …

BESIX and partners reach financial close for Abu Dhabi’s Khalifa University Accommodation PPP project

August 14, 2024 Mohammad S

BESIX announces the financial close of the Khalifa University Accommodation PPP Project, confirming that all funding has been secured and financing conditions met. Operating under …

Bapco Energies Secures $500 million Financing from US EXIM Bank

August 11, 2024 Mohammad S

Bapco Energies, Kingdom of Bahrain, announced the successful closing of a financial deal of US$ 500 million with the United States Export-Import Bank (US EXIM). …

Saudi’s PIF Signs MOU worth $50 billion with leading financial institutions

August 1, 2024 Mohammad S

PIF announced in a statement that it has signed six memorandums of understanding (MoUs) worth up to $50 billion with leading financial institutions. These MoUs …

Saudi Arabia: Firms announces financial close of Taiba 2, Qassim 2 Power Plants

July 13, 2024 Mohammad S

Aljomaih Energy & Water Co. and its consortium members Ajlan & Bros Group, Buhur for Investment Company, and the EDF Group, achieved the financial close …

Japan’s JBIC and ADNOC Signs $3 Billion Green Financing Agreement

July 4, 2024 Mohammad S

Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC) has signed a general agreement with the Japan Bank for International Cooperation (JBIC) for a $3 billion …

Mitsui signs loan agreement for UAE’s Clean Ammonia Production Facility

June 25, 2024 Mohammad S

Mitsui & Co., Ltd., Japan alongside TA’ZIZ (owned by Abu Dhabi National Oil Company (“ADNOC”)), Fertiglobe, and South Korea’s GS Energy Corporation, has agreed to …

GCCIA, Kuwait Fund signs $114.2 million loan Agreement for interconnection Project

June 13, 2024 Mohammad S

GCC Interconnection Authority (GCCIA) and Kuwait Fund (Kuwait Fund for Arab Economic Development) have signed a Loan Agreement in the amount of 35 Million KD for …

SWPC Announces Financial Close of Juranah Independent Strategic Water Reservoir

May 28, 2024 Mohammad S

Saudi Water Partnership Company (SWPC) announces the successful financial close for the Juranah Independent Strategic Water Reservoir (ISWR) project in Makkah. This landmark project will …