2GW Afif2 Solar Project

2GW Afif2 Solar Project

Project Type
Greenfield
Sector
Renewables/PV solar
Project Stage
Finance arranged
Region
Middle East
Middle East
Country
Saudi Arabia

Pipeline Overview

Pipeline cost
$983m
Financial Stage
Financial close

Ownerships

Date: 29 Oct 2025
Company Percentage
ACWA Power 35.10 %
Saudi Aramco Power Company (SAPCO) 30.00 %
Water and Electricity Holding Company (Badeel) 34.90 %

Pipeline Projects

Afif1, Afif2, Humaij, Bisha and Khulis Solar Projects – Financing
$5.9bn
Oct 2025
Project & Infrastructure Finance
PV solar
Middle East
Middle East
Saudi Arabia