Advising Saudi Water Partnership Company on financial close of Ras Mohaisen Desalination Project
29 януари 2026 г.
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.”
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.”
Latest Публикации
- legal updatesGlobal Life Sciences & Healthcare Bulletin
- legal updatesHong Kong: PCPD issues further guidance on best practices in the use of agentic AI
- guides and reportsEU Cyber Resilience Act: Single Reporting Platform Goes Live
- legal updatesEU Sustainability Omnibus Package: key changes and implications for businesses
Latest News
- новини от насEversheds Sutherland strengthens top-ranked pensions practice with appointment of former Global Head of Pensions
- новини от клиентиEversheds Sutherland advises H.I.G. Capital on investment in Phoenix ME
- новини от клиентиEversheds Sutherland reappointed to the UK's Government Commercial Agency legal services framework
- новини от насWilliam A. Nelson, Former Investment Adviser Association Policy Leader, Joins Eversheds Sutherland as Senior Counsel
Latest Събития и обучения
- in-person | September 17, 2026Basic foundations of US employment law
- in-person | September 23, 20262026 BDC Roundtable
- virtual | September 29, 2026Employment law in the Kingdom of Saudi Arabia
- in-person | October 08, 2026Labor relations conference - turning legal change into workplace reality
legal updates
10 септември 2026 г.
Global Life Sciences & Healthcare Bulletin
legal updates
10 септември 2026 г.
Hong Kong: PCPD issues further guidance on best practices in the use of age...
guides and reports
10 септември 2026 г.
EU Cyber Resilience Act: Single Reporting Platform Goes Live
legal updates
09 септември 2026 г.
EU Sustainability Omnibus Package: key changes and implications for busines...
новини от нас
26 август 2026 г.
Eversheds Sutherland strengthens top-ranked pensions practice with appointm...
новини от клиенти
13 август 2026 г.
Eversheds Sutherland advises H.I.G. Capital on investment in Phoenix ME
новини от клиенти
13 август 2026 г.
Eversheds Sutherland reappointed to the UK's Government Commercial Agency l...
новини от нас
12 август 2026 г.
William A. Nelson, Former Investment Adviser Association Policy Leader, Joi...
in-person
Basic foundations of US employment law
17 септември 2026 г.
9.30am - 4.30pm (GMT)
Лондон, Обединено кралство
in-person
2026 BDC Roundtable
23 септември 2026 г.
Washington DC, Съединени Американски щати
virtual
Employment law in the Kingdom of Saudi Arabia
29 септември 2026 г.
9.30am - 12.30pm (BST)
Virtual
in-person
Labor relations conference - turning legal change into workplace reality
08 октомври 2026 г.
10.00am - 4.00pm (BST)
Лондон, Обединено кралство