Al Shuaibah PV 1

Al Shuaibah PV 1 and PV 2 - Project Financing

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

Deal Overview

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. Situated in Al Shuaibah in the Makkah Province, Al Shuaibah PV 1 and Al Shuaibah PV 2 will have a capacity of 600 MW and 2,031 MW respectively. The projects...

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Deal Volume
$1.57bn
Financial Close
21/08/2023
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Tranches

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Project Deals

600 MW Al Shuaibah 1 Solar Project
$876.9m
Greenfield
PV solar
Middle East
Middle East
Saudi Arabia
1.031 GW Al Shuaibah 2 Solar Project
$1.49bn
Greenfield
PV solar
Middle East
Middle East
Saudi Arabia