Arab Petroleum Investments Corporation (APICORP)
Company description
Arab Petroleum Investments Corporation (APICORP) is a multilateral development bank whose mission is to develop the Arab energy sector through a range of creative, value-adding solutions, provided on a commercial basis, facilitating value maximization. The company's offerings include equity investment, debt financing, financial advisory and energy research services.
Company details
Participation in projects
Projects per Country ()
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The company has not participated in any projects.
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Company updates
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January 02, 2025
ACWA Power secures financing for 1.1 GW Onshore wind farm in Egypt
ACWA Power together with consortium partner HAU Energy, a subsidiary of Hassan Allam Utilities, have achieved the financial close for the 1.1GW Suez Wind Farm located in the Gulf of Suez and the...
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April 27, 2023
US$123 million financing secured for 200 MW Solar PV project in Egypt
ACWA Power has signed a US$123 million financing package to develop the 200 MW Kom Ombo solar photovoltaic project in Egypt.
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January 24, 2023
Jinko Solar reaches financial close on 300 MW solar PV project in Saudi Arabia
Jinko Solar has achieved financial close on the 300 MW solar photovoltaic project located in the desert area of Saad, about 85 km east of Riyadh in Saudi Arabia. The project secures financ...
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August 18, 2021
Financial close achieved for 1.5 GW solar project in Saudi Arabia
ACWA Power has announced the financial close for the 1500 MW Sudair Solar plant, a key project under the Public Investment Fund (PIF) renewable energy program.
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April 28, 2021
ACWA power receives US$114 mn financing package for 200 MW solar project in Egypt
The European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (the OPEC Fund), the African Development Bank (AfDB), the Green Climate Fund (GCF) and Arab Ban...
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October 09, 2020
APICORP provides US$70.5mn in financing to development of Phase 5 of the Mohammed bin Rashid Al Maktoum Solar Park
The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed an agreement with Shuaa Energy 3 P.S.C sponsored by Dubai Electricity and Water Autho...
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September 09, 2020
Financial close for 900MW solar PV project in UAE
ACWA Power has completed the signing of all financing agreements of the 900 MW solar PV project, Shuaa Energy 3 PSC, which is the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai....
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June 19, 2020
APICORP completes acquisition of 20% stakes in the Tafila Wind Farm Project
The Arab Petroleum Investments Corporation (APICORP), a multilateral development bank, has completed its first direct equity investment in a wind energy venture, the Jordan Wind Project Company (JWPC)...
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February 12, 2019
Yellow Door Energy raises US$65 million to expand distributed solar in Middle East and Africa
Yellow Door Energy, a UAE-based solar developer, has announced that it has raised US$65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions in the Mi...
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June 15, 2017
800-MW phase III Mohammed bin Rashid Al Maktoum Solar Park reaches FC
The financing for Phase 3 of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai has been completed. The 800-MW project is being developed by a Masdar-led consortium.
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