2GW Al-Sadawi PV Solar Project

2GW Al-Sadawi PV Solar Project

Project Type
Greenfield
Sector
Renewables/PV solar
Project Stage
Finance arranged
Region
Middle East
Middle East
Country
Saudi Arabia

Project Overview

Project cost
$225m
Financial Stage
Financial close

Ownerships

Date: 17 Jun 2025
Company Percentage
Masdar Energy 33.34 %
KEPCO 33.33 %
GD Power Development Co Ltd (GD Power) 33.33 %
Date: 21 Oct 2024
Company Percentage
Masdar Energy 50.00 %
KEPCO 50.00 %
Date: 13 Nov 2023
Company Percentage
Saudi Power Procurement Company (SPPC) 100.00 %

Project Deals

2GW Al-Sadawi PV Solar Project - Kexim Financing
$225m
Jun 2025
Project & Infrastructure Finance
PV solar
Middle East
Middle East
Saudi Arabia