Qassim 2 IPP

1.8 GW Qassim 2 CCGT Project Financing

Borrower(s)
Qassim 2 IPP
Industry
Power/Gas-fired combined cycle
Area of finance
Project & Infrastructure Finance
Region
Middle East
Middle East
Countries
Saudi Arabia

Deal Overview

A $1.39 billion financing for a 1.8GW combined cycle power plant Qassim 2 IPP in Saudi Arabia. The project is financed through a combination of bridge financing and senior debt loans.

Deal Volume
$1.4bn
Financial Close
10/07/2024
Dealmakers
Sources
Submitted by participant(s),

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Tranches

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Project Deals

1.8 GW Qassim 2 IPP Project
$1.94bn
Greenfield
Gas-fired combined cycle
Middle East
Middle East
Saudi Arabia