Dhuruma Electricity Company

Riyadh PP11 Additional Refinancing

Industry
Power/Gas-fired combined cycle
Area of finance
Project & Infrastructure Finance
Region
Middle East
Middle East
Countries
Saudi Arabia

Deal Overview

The Dhuruma Electricity Company has mandated the bank group for the second refinancing of the PP11 CCGT project in Saudi Arabia. The deal follows a 2016 refinancing of the project’s original 2010 financing via a seven-year soft mini-perm.

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Deal Volume
$1.49bn
Financial Close
11/05/2021
Dealmakers
Sources

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Project Deals

Riyadh PP11 CCGT Project
$1.45bn
Greenfield
Gas-fired combined cycle
Middle East
Middle East
Saudi Arabia