Advising Saudi Water Partnership Company on financial close of Ras Mohaisen Desalination Project
29. Januar 2026
Advising Saudi Water Partnership Company on financial close of Ras Mohaisen Desalination Project29. Januar 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.”
Ansprechpartner
Publikationen
News
Events und Trainings
legal updates 11. November 2026 COP31: Energy and Transport – Electrification takes center stage in Antalya legal updates 11. November 2026 Algorithmic Management of Workforces: Is your business a “platform” without... legal updates 11. November 2026 Commercially Connected shorts - 11 November 2026 legal updates 10. November 2026 Global Sustainability & ESG Insights - October 2026 client news 06. November 2026 Eversheds Sutherland berät Mercedes-Benz bei europäischer Schnelllade-Partn... kanzlei-news 05. November 2026 Eversheds Sutherland hires partner Peter Cheng to lead Hong Kong ECM practi... kanzlei-news 27. Oktober 2026 Eversheds Sutherland (International) announces senior leadership appointmen... kanzlei-news 26. Oktober 2026 Eversheds Sutherland deepens fintech and regulatory bench with double partn... hybrid Europe Action Week 2026 Europe Action Week returns this November with a dynamic mix of events designed to help you navigate what’s next. virtual Belgian employment law training 17. November 2026 2.00pm - 5.00pm (GMT) Virtual in-person Golden Rules in Inventory Finance 17. November 2026 08:00 – 17:30 TradeXBank AG, Gartenstrasse 24, 8002 Zürich, Schweiz in-person Industrial relations masterclass 18. November 2026 9.30am - 4.30pm (GMT) London, Vereinigtes Königreich |