Al Dhafra: GCC solar bonds worth the wait

In:

Renewables

Region:

Middle East & Africa

Ben Kara

Reporter

It is not the first solar project bond refinancing in the region, but it is the best-priced. Despite its development challenges, Al Dhafra shows what a strong revenue model can achieve.

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

Video

09 June 2026

Fidra: Making a BESS mega project

Proximo digs into the revenue structures, financing accommodations and market assumptions key to Europe's biggest battery project to date.

Poro Power 1: Côte d’Ivoire's green bond third way

Perspective

11 June 2026

Poro Power 1: Côte d’Ivoire's green bond third way

The €65 million Poro Power green bond offers a faster alternative to conventional DFI-led project finance for African renewables. But the template still depends on bankable...

Must See

Gatún: AES and InterEnergy go long in Panama

Perspective

03 June 2026

Gatún: AES and InterEnergy go long in Panama

A strong commercial package and generous rating treatment allowed the refinancing of the Gatun CCGT to reach a record maturity for Central America.

Video

09 June 2026

Fidra: Making a BESS mega project

Proximo digs into the revenue structures, financing accommodations and market assumptions key to Europe's biggest battery project to date.

Perspective

11 June 2026

Poro Power 1: Côte d’Ivoire's green bond third way

The €65 million Poro Power green bond offers a faster alternative to conventional DFI-led project finance for African renewables. But the template still depends on bankable concessions, state investment protections and an overseas anchor investor.