Latest News

Latest MEA News

  • First RFP out this week for Saudi solar stage 2

    Saudi Arabia’s Renewable Energy Project Development Office is due to issue the first request for proposals for the second round of its solar programme on 18 July

  • Oman issues RFQ for Manah Solar I & II

    Oman Power and Water Procurement Company has today issued a request for qualifications for the second stage of its solar programme

  • Tunisia launches third renewables round

    Tunisia’s Ministry of Industry has invited bids for the third round of its renewable energy scheme that will again consist of 70MW of solar PV

  • Morocco issues RFQ for Noor Midelt II

    The Moroccan Agency for Sustainable Energy has issued the request for qualification documents for the 230MW Noor Midelt II hybrid project – consisting of CSP, PV, and potentially battery storage

  • Credit quality continues to improve for Asia’s first PFCLO

    Singapore-based Clifford Capital's project finance collateralized loan obligation had a slight improvement in its credit quality in Q2 2019, as it passed all coverage tests last quarter

  • ACWA Power signs WPA for Umm Al Quwain IWP

    An ACWA Power-led consortium has signed with UAE’s Federal Electricity & Water Authority the water purchase agreement for the Umm al Quwain independent water project – a project that has tripled in size since inception

  • EXCLUSIVE EDF reaches financial close on Dumat al Jandal

    An EDF-led consortium yesterday (8 July 2019) met the final conditions precedent required to bring the $375 million, 400MW Dumat al Jandal wind farm in Saudi Arabia to financial close

  • SWPC seeks consultant for potential water projects

    Saudi Water Partnership Company has invited expressions of interest from consultancy firms to carry out site studies for potential water projects

  • EXCLUSIVE FC on Dumat al Jandal wind expected next week

    An EDF-led consortium has signed a $270 million debt package for the 400MW Dumat al Jandal wind farm in Saudi Arabia, IJGlobal has learnt, paving the way for financial close on the project scheduled for next week

  • Legal advisory sought for Omani IWPs

    Oman Power and Water Company has issued a request for proposals seeking a legal adviser on the procurement of up to five independent water projects

  • EWEC tenders Al Dhafra solar PV

    The Emirates Water and Electricity Company has launched a tender for a 2GW solar PV IPP to be developed at Al Dhafra, Abu Dhabi

  • UAE approves new privatisation law

    The UAE Cabinet of Ministers has approved opening 122 economic activities – including assets in the energy and infrastructure sectors – up for 100% foreign ownership

  • Ashurst hires MEA-focused energy and infra partner

    Adrian Lawrence has joined Ashurst as partner in the firm's project finance team based in London, bringung with him his MENA and Sub-Saharan Africa experience in energy and infrastructure

  • Israel selects PB for Alon Tavor sell-off

    State-owned Israel Electric Corporation has named a Sino-Israeli consortium as the winning bidder for the 370MW Alon Tavor gas-fired power plant located in northern Israel

  • Bahrain's Al Dur 2 IWPP reaches financial close

    An ACWA Power-led consortium has signed the final financing agreements for the the $1.5 billion, 1.5GW Al Dur 2 IWPP in Bahrain, bringing the 227,300 m3 per day facility to financial close