Al Ahli Bank of Kuwait finances part of $2.5bn for Jubail 3A IWP
USD2500M
Deal Value
6000003 MW
Capacity
Al Ahli Bank of Kuwait was part of the financing consortium for the $2.5 billion Jubail 3A Independent Water Project (IWP) in Saudi Arabia. The desalination plant will have a capacity of 600,000 m3/day.
Timeline
Announced
Jun 20, 2024
Signed
Closed
Counterparts (5)
Developer
AlBawani Water & Power
AlBawani Water & Power is an infrastructure company based in Saudi Arabia. They focus on water and p...
Gulf Investment Corporation (GIC)
Gulf Investment Corporation (GIC) is an investment company incorporated in the State of Kuwait. It i...
Acwa
ACWA Power is a developer, investor, and operator of power generation and desalinated water plants. ...
Market Context
This deal is part of the Desalination sector in Saudi Arabia.
4
Desalination deals
40
deals in Saudi Arabia
Source
www.scribd.com
1 of 4 Desalination deals tracked this month · Updated daily
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