Nabah Renewable Energy

Haden, Muwayh, and Al Khushaybi Solar Projects - Financing

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

Deal Overview

ACWA Power has successfully secured SAR 9.7 billion ($2,585 million) in financing for the development of three solar plants—Haden, Muwayh, and Al Khushaybi—located in Makkah and Qassim Province, with a combined production capacity of 5.5GW. The financing, which spans a term of 27.3...

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Deal Volume
$2.58bn
Financial Close
29/08/2024
Dealmakers
Sources

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Tranches

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Project Deals

2GW Haden Solar PV Project
$972m
Greenfield
PV solar
Middle East
Middle East
Saudi Arabia
2 GW Muwayh PV Solar Project
$1.19bn
Greenfield
PV solar
Middle East
Middle East
Saudi Arabia
1.5 GW Al Khushaybi PV Solar Project
$893.59m
Greenfield
PV solar
Middle East
Middle East
Saudi Arabia