Advising Saudi Water Partnership Company on financial close of Ras Mohaisen Desalination Project
29 gennaio 2026
Advising Saudi Water Partnership Company on financial close of Ras Mohaisen Desalination Project29 gennaio 2026 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.”
Contatti di riferimento
Latest Approfondimenti
Latest News
Latest Eventi e formazione
legal updates 28 settembre 2026 Snapshot Update: EU Pay Transparency Directive legal updates 28 settembre 2026 EU Transparent and Predictable Working Conditions Directive legal updates 28 settembre 2026 The Race for Power - Meeting the global energy demands of AI data centres legal updates 24 settembre 2026 Consumer Lens - Session 2 | Protecting Brand Prestige: IP Rights and Distri... client news 21 settembre 2026 All change: Eversheds Sutherland advises DfT on Chiltern Railways transitio... le novità dello studio 26 agosto 2026 Eversheds Sutherland strengthens top-ranked pensions practice with appointm... client news 13 agosto 2026 Eversheds Sutherland advises H.I.G. Capital on investment in Phoenix ME client news 13 agosto 2026 Eversheds Sutherland reappointed to the UK's Government Commercial Agency l... virtual Employment law in the Kingdom of Saudi Arabia 29 settembre 2026 9.30am - 12.30pm (BST) Virtual virtual Energy Transition Series: Energy Transition and Pricing Volatility 08 ottobre 2026 10:00 ET | 15:00 BST | 16:00 CET in-person Labor relations conference - turning legal change into workplace reality 08 ottobre 2026 10.00am - 4.00pm (BST) Londra, Regno Unito virtual Ireland & Northern Ireland employment law 14 ottobre 2026 2pm - 5pm (GMT) Virtual |