Finance
UAE’s AMEA Power announces a $75 million funding round from SoftBank Group
AMEA Power, UAE announced in a statement that it has signed a $75 million equity funding round from SoftBank Group Corp. (“SBG”), a Japanese investment …
Finance
Finance
UAE’s Barakah Nuclear Energy Plant achieves refinancing milestone
Barakah One Company PJSC (Barakah One) – a joint-venture of Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO) – has completed a …
Finance
ACWA Power Secures $100m credit facility from China Construction Bank
ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination, and green hydrogen plants worldwide, has recently signed a three-year revolving …
Construction
India’s Cyril Amarchand Mangaldas Advises Alfanar’s Construction of Residential Communities for NEOM
Cyril Amarchand Mangaldas, India announced in a statement that it has advised Alfanar Global Development, a part of Alfanar Projects, on engineering procurement and construction …
Finance
UAE’s Mirfa 2 RO IWP reaches financial close
Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utility companies in the Middle East and North Africa region, alongside ENGIE, …
Finance
NEOM, Riyad Bank Signed SAR 3 bn Financing Deal for NEOM Sindalah
NEOM announced in a statement that it has signed an agreement with Riyad Bank for SAR 3 billion in debt financing to help fund the …
Construction
Synergy Consulting appointed as Financial Advisor for Lithium Chemicals Plant in KSA
Synergy Consulting, Inc. announced in a statement that it has been appointed as the 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗔𝗱𝘃𝗶𝘀𝗼𝗿 𝗯𝘆 𝗘𝗩 𝗠𝗲𝘁𝗮𝗹𝘀 𝗚𝗿𝗼𝘂𝗽 𝗽𝗹𝗰 (𝗘𝗩𝗠), 𝗮 𝗴𝗹𝗼𝗯𝗮𝗹 𝗯𝗮𝘁𝘁𝗲𝗿𝘆 …
Finance
UAE’s Masdar announces financial close on 900 MW Solar Projects in Uzbekistan
Abu Dhabi Future Energy Company (Masdar) announced in a statement that it has achieved financial close on three solar photovoltaic (PV) projects it is developing …
Finance
Japan’s JBIC to finance $103m for Saudi-Egypt interconnection project
The Japan Bank for International Cooperation announced in a statement that it has signed a loan agreement amounting to up to USD207 million, of which …
Construction
Red Sea Global announces Commercial Close on $288m Al Mutlaq Group Joint Venture Debt Financing
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, announced in a statement that …