June 3, 2025
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Finance

Masdar achieves financial close on 230MW Garadagh Solar PV Plant in Azerbaijan

August 2, 2022 SaudiGulf Projects

Masdar, UAE, announced that it has achieved financial close for its 230-megawatt (MW) Garadagh Solar Photovoltaic (PV) Plant in Azerbaijan – the nation’s first foreign …

Finance

GS Inima announces financial closure for the Barka V Desalination Plant in Oman

July 20, 2022 SaudiGulf Projects

GS Inima, a world leader in the water sector, positioned as one of the Groups with the largest volume of plants in terms of concessions …

Finance

ADFD, ADEX sign loan agreements of $92m to finance water supply network project in Bahrain

July 17, 2022 SaudiGulf Projects

Abu Dhabi Fund for Development (ADFD) and the Abu Dhabi Exports Office (ADEX) announced in a statement that it has signed two loan agreements with …

Finance

Kuwait Fund Signs $115m Finance agreement for GCC Electricity Interconnection

March 25, 2022 SaudiGulf Projects

A Loan Agreement was signed in Kuwait Fund Headquarters between Gulf Cooperation Council Interconnection Authority) GCCIA (and Kuwait Fund for Arab Economic Development, whereby The …

Finance

ADIB allocates US$61 million provision for first green finance deal in Saudi Arabia

March 23, 2022 SaudiGulf Projects

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced in a statement the provision of US$61 million in financing for green-certified projects in Saudi …

Finance

Acciona Raises $480m in Green Finance for Three Sewage Treatment Plants in Saudi Arabia

March 7, 2022 SaudiGulf Projects

ACCIONA, a leading company in the development of water and other sustainable infrastructure, together with its local partners Tawzea and Tamasuk, announced that it has …

Finance

SWPC Announces Financial Close of three Independent Sewage Treatment Plants

March 4, 2022 SaudiGulf Projects

Saudi Water Partnerships Company (SWPC) announced that it has successfully achieved financial close for three Independent Sewage Treatment Plants (ISTP) –  Madinah-3 ISTP,  Tabuk-2 ISTP …

Finance

ACWA Power led consortium achieves financial close for the US$1.59 billion Red Sea Project

February 24, 2022 SaudiGulf Projects

A consortium led by ACWA Power, and composed of SPIC Huanghe Hydropower Development Company and Saudi Tabreed Cooling Company, has achieved financial close for the …

Finance

Saudi Aramco closes $15.5bn gas pipeline deal with global investor consortium

February 23, 2022 SaudiGulf Projects

Saudi Arabian Oil Company (Saud Aramco) and an international investor consortium, led by affiliates of BlackRock and Hassana, announced the successful closing of the lease …

Finance

The Red Sea Development Company Financially Closes on $3.76b Loan

January 20, 2022 SaudiGulf Projects

Saudi Arabia’s The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, announced that it has achieved Financial Close …

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