Advising Saudi Water Partnership Company on financial close of Ras Mohaisen Desalination Project
2026 m. sausio 29 d.
Advising Saudi Water Partnership Company on financial close of Ras Mohaisen Desalination Project2026 m. sausio 29 d. 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.”
Pagrindiniai kontaktai
Naujausios publikacijosNaujausios renginiai
legal updates 2026 m. rugsėjo 10 d. EU WEEE Directive Reform: Tighter Rules, Rising Costs guides and reports 2026 m. rugsėjo 10 d. EU Cyber Resilience Act: Single Reporting Platform Goes Live legal updates 2026 m. rugsėjo 10 d. Hong Kong: PCPD issues further guidance on best practices in the use of age... legal updates 2026 m. rugsėjo 10 d. Global Life Sciences & Healthcare Bulletin in-person Basic foundations of US employment law 2026 m. rugsėjo 17 d. 9.30am - 4.30pm (GMT) Londonas, Jungtinė Karalystė in-person 2026 BDC Roundtable 2026 m. rugsėjo 23 d. Washington DC, Jungtinės Amerikos Valstijos virtual Employment law in the Kingdom of Saudi Arabia 2026 m. rugsėjo 29 d. 9.30am - 12.30pm (BST) Virtual in-person Labor relations conference - turning legal change into workplace reality 2026 m. spalio 08 d. 10.00am - 4.00pm (BST) Londonas, Jungtinė Karalystė |