Khazna Solar PV

1.5GW Al Khazna Solar Project (PV4) – Financing

Borrower(s)
Khazna Solar PV
Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
Middle East
Middle East
Countries
United Arab Emirates

Deal Overview

Engie and Masdar have closed a $725 million project financing for the 1.5GW Khazna solar project. The Khazna solar plant, Abu Dhabi's fourth utility-scale solar project, was awarded to the Masdar-Engie consortium in October 2025. The group has signed a 30-year power purchase agreement with...

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Deal Volume
$725m
Financial Close
04/12/2025
Dealmakers
Sources
Submitted by participant(s)

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Project Deals

1.5 GW Khazna PV Solar Project
$800m
Greenfield
PV solar
Middle East
Middle East
United Arab Emirates