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...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
20 April 2026

Dangote scales up amid energy market turmoil

Afreximbank has signed on fresh financing for Nigeria’s oil & gas industry at a moment of crisis for the global energy business. The conflict in the Gulf has further...

Perspective
24 April 2026

Jabiru-1: Who’s out of orbit?

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks as part...