Advising Saudi Water Partnership Company on financial close of Ras Mohaisen Desalination Project
29. ledna 2026
Advising Saudi Water Partnership Company on financial close of Ras Mohaisen Desalination Project29. ledna 2026 Eversheds Sutherland has advised Saudi Water Partnership Company (SWPC), the procurer for critical water and wastewater infrastructure in the Kingdom of Saudi Arabia, on the successful financial close of the Ras Mohaisen Independent Water Plant (IWP) project, a major new desalination facility located in Al‑Qunfudhah in the Makkah region. The reverse osmosis plant represents a significant milestone in supporting long‑term potable water security for the Makkah and Al‑Bahah regions. Initial production is scheduled to commence in 2028, with full operational capacity targeted for 2030. The total project cost is estimated at SAR 2.57 billion (USD 685 million). Supporting the Kingdom’s localisation objectives, the project is mandated to achieve local content participation levels of 40% during construction, 50% during the first five years of operation, and 70% thereafter. The plant’s scope includes 17 kilometres of overhead transmission lines, a 132/33 kV substation, and a 30 MW solar power plant. Eversheds Sutherland advised SWPC through a cross‑regional, multi‑disciplinary team, drawing on deep expertise across projects, financing, and regulated utilities. The transaction was led by Partner Ashley Halewood and included support from Adite Aloke (Principal Associate), Saed Obeidat (Associate), Sama Ali (Paralegal) and Mohamed Al Ali (Paralegal). The Mohammed AlDhabaan & Partners Eversheds Sutherland team was led by Abdulatif Al Heraish(Partner) and included support from Leen Al moaiqel (Associate), Nawaf Al Jasser (Associate) and Ali Al Araifi. Ashley Halewood, Partner and Head of Projects Middle East, Eversheds Sutherland, commented: “We are delighted to support SWPC on this strategically significant project, which plays a vital role in strengthening water security and sustainable infrastructure delivery across the Kingdom. This milestone reflects the strength of our regional projects platform and our commitment to advising on transformative, large‑scale infrastructure developments.”
Klíčové kontakty
Latest InsightsLatest News
Latest Akce a školení
legal updates 16. června 2026 EU Pay Transparency Directive: Job evaluation and classification guideline... legal updates 14. června 2026 Global Sustainability & ESG Insights - May 2026 legal updates 11. června 2026 EU Tightens Control Over Critical Raw Materials legal updates 11. června 2026 EU adopts renewed foreign investment framework klientské novinky 17. června 2026 Advising Trane Technologies on the acquisition of Transport-Kälte-Vertrieb ... zásadní zprávy 15. června 2026 Eversheds Sutherland continues European expansion with further strategic pa... klientské novinky 09. června 2026 Eversheds Sutherland powers 12 key deals for Gresham House Energy Storage F... klientské novinky 04. června 2026 Next stop, public ownership: Eversheds Sutherland advises DfT on GTR transi... virtual Introduction to Swiss employment law 23. června 2026 2pm - 5pm (GMT) Virtual virtual Energy Transition Series - Project Financing BESS: Comparing the UK market ... 08. července 2026 10:00 ET | 15:00 BST | 16:00 CET virtual UAE - Employment law in the Dubai International Financial Centre 10. září 2026 9.30am - 1.30pm (GMT) Virtual in-person Basic foundations of US employment law 17. září 2026 9.30am - 4.30pm (GMT) Londýn, Spojené království |