News
21 August 2023

Financial close for Al Shuaibah 1 and 2

In:
Renewables
Region:
Middle East & Africa

Financial close has been reached for the $2.37 billion Al Shuaibah 1 and Al Shuaibah 2 solar PV projects in Makkah province, Saudi Arabia. The $1.63 billion senior debt financing includes a Saudi Riyal-denominated loan worth $450 million from the National Development Fund through the...

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