Global Infrastructure SherpaStandard Chartered provides financing for ACWA Power's NEOM Green Hydrogen Project
USD8400M
Deal Value
2.2 GW
Capacity
ACWA Power achieves financial close for the $8.4 billion NEOM Green Hydrogen Project, with Standard Chartered Bank among the lenders. The project will produce green hydrogen using 2.2 GW of electrolyser capacity.
Timeline
Announced
May 28, 2024
Signed
Closed
Counterparts (12)
Lender
Standard Chartered Bank
Standard Chartered is a global bank connecting corporate, institutional and affluent clients to a ne...
Saudi Industrial Development Fund (SIDF)
The Saudi Industrial Development Fund (SIDF) is a government financial institution in Saudi Arabia t...
HSBC
HSBC is one of the world’s largest banking and financial services organisations. Their strategy supp...
N
National Infrastructure Fund (NIF)
The National Infrastructure Fund (NIF) invests in infrastructure projects across various sectors and...
Sumitomo Mitsui Banking Corporation (SMBC)
Sumitomo Mitsui Banking Corporation (SMBC) is a Japanese bank that provides financial services globa...
Korea Development Bank (KDB)
Korea Development Bank (KDB) is a state-owned bank in South Korea that provides financial support fo...
First Abu Dhabi Bank
First Abu Dhabi Bank (FAB) is a financial institution that provides banking services and financial s...
Mizuho
Mizuho America, Inc. collaborates with surgeons to provide neurosurgical devices. Their mission is t...
Banque Saudi Fransi (BSF)
Banque Saudi Fransi (BSF) is a Saudi Arabian bank that provides various financial services. It parti...
Saudi National Bank (SNB)
Saudi National Bank (SNB) is a Saudi Arabian bank that provides financial services. It is involved i...
project company
Market Context
This deal is part of the Green Hydrogen sector in Saudi Arabia.
12
Green Hydrogen deals
40
deals in Saudi Arabia
Source
www.neom.com
1 of 12 Green Hydrogen deals tracked this month · Updated daily