News
03 September 2025

$4bn financial close for Rumah 2 and Al Nairyah 2

In:
Power
Region:
Middle East & Africa

Abu Dhabi National Energy Company (TAQA), JERA and AlBawani have announced the financial close of the Rumah 2 and Al Nairyah 2 power plants in Saudi Arabia.The greenfield combined cycle gas turbine (CCGT) power plants are designed for future carbon capture integration and will deliver a combined...

Exclusive subscriber content…

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

Login

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

You might also like


Perspective
20 June 2026

Proximo at Global 26: Tempered optimism

There are signs that European lenders are expanding the assets and structures they will consider. But sessions at Exile Global 2026 saw banks at pains to stress that...

Perspective
24 June 2026

AtlasEdge: Europe's lender case beyond hyperscale

AtlasEdge’s €1.2 billion refinancing puts European colocation data centres back in focus. Diversified tenancy and modular build-outs are giving lenders a bankable route beyond...