Saad Solar Plant

Saad Solar Project - Term Loan

Borrower(s)
Saad Solar Plant
Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
Middle East
Middle East
Countries
Saudi Arabia

Deal Overview

The financing of the 300MW Saad Solar project in Saudi Arabia recently reached financial close. The project is sponsored by Al Ghazala Energy Company, a subsidiary of Jinko Power, and will be located near the town of Saad. Around $280 million of debt was raised to finance the project. The...

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Deal Volume
$280m
Financial Close
23/01/2023
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Tranches

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Project Deals

Saad Solar Project
$280m
Greenfield
PV solar
Middle East
Middle East
Saudi Arabia