Finance Archives - Page 7 of 11 - SaudiGulf Projects

ADNOC, TAQA announces financial close of $2.2bn on Sustainable Water Supply Project

September 25, 2023 Mohammad S

ADNOC and Abu Dhabi National Energy Company PJSC (TAQA) have successfully completed the financial closing of their $2.2 billion (AED 8.3 billion) strategic project to …

ACWA Power achieves financial close for 200MW Kom Ombo solar project in Egypt

August 30, 2023 Mohammad S

ACWA Power, Saudi Arabia announced the financial close for the 200MW Kom Ombo project, a utility-scale solar power plant in Egypt. With an overall investment …

2.6GW: Al Shuaibah 1 and Al Shuaibah 2 Solar PV Projects reaches Financial Close

August 21, 2023 Mohammad S

ACWA Power, a Saudi-listed company and a leader in the energy transition, the Water and Electricity Holding Company (Badeel), wholly owned by Public Investment Fund …

Oman’s OQGN signs $1.2 billion financing agreements

July 17, 2023 Mohammad S

OQ Gas Networks (OQGN), Oman signed three financing agreements with 16 local and regional banks to the tune of USD 1.2 billion. Collectively, this financing …

ACWA Power Signs financing agreements for Al Shuaibah 1 and Al Shuaibah 2 PV IPPs

July 17, 2023 Mohammad S

ACWA Power Co. announces in a statement the finalization and signing of the financing agreements with the financing consortium for Al Shuaibah 1 and Al …

UAE’s AMEA Power announces a $75 million funding round from SoftBank Group

July 10, 2023 Mohammad S

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 …

UAE’s Barakah Nuclear Energy Plant achieves refinancing milestone

July 4, 2023 Mohammad S

Barakah One Company PJSC (Barakah One) – a joint-venture of Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO) – has completed a …

ACWA Power Secures $100m credit facility from China Construction Bank

June 26, 2023 Mohammad S

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 …

India’s Cyril Amarchand Mangaldas Advises Alfanar’s Construction of Residential Communities for NEOM

June 23, 2023 Mohammad S

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 …

UAE’s Mirfa 2 RO IWP reaches financial close

May 31, 2023 Mohammad S

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, …