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 publikacijos
Naujausios naujienos
Naujausios renginiai
legal updates 2026 m. birželio 03 d. Global Life Sciences & Healthcare Bulletin legal updates 2026 m. birželio 03 d. Commercially Connected shorts - 3 June 2026 legal updates 2026 m. gegužės 29 d. Consumer Lens - Session 1 | The Rise of European Class Actions podcasts and webcasts 2026 m. gegužės 29 d. Tax NOLs in Cross-Border Structures Webinar klientų naujienos 2026 m. birželio 02 d. Next stop, public ownership: Eversheds Sutherland advises DfT on GTR transi... įmonės naujienos 2026 m. birželio 01 d. Eversheds Sutherland strengthens restructuring offering with senior partner... įmonės naujienos 2026 m. birželio 01 d. Eversheds Sutherland strengthens Commercial Advisory practice with technolo... klientų naujienos 2026 m. gegužės 28 d. Eversheds Sutherland advises Schroders Greencoat on acquisition of Dutch bi... virtual UK employment law training 2026 m. birželio 09 d. 1pm - 4pm (BST) Virtual virtual Nordic (Denmark, Finland, Norway and Sweden) employment law training 2026 m. birželio 16 d. 12.45pm - 4pm (BST) Virtual virtual Introduction to Swiss employment law 2026 m. birželio 23 d. 2pm - 5pm (GMT) Virtual virtual UAE - Employment law in the Dubai International Financial Centre 2026 m. rugsėjo 10 d. 9.30am - 1.30pm (GMT) Virtual |