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 offering includes equity investment, debt financing, financial advisory and energy research services.

Company details

City:
Al Khubar
Address:
7201 King Faysal Road – Al Bahar Unit No: 1, Al Khubar 34218-3085

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • 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.  

    Read more
  • 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...

    Read more
  • 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.

    Read more
  • 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...

    Read more
  • 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...

    Read more
  • 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....

    Read more
  • 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)...

    Read more
  • 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...

    Read more
  • 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.

    Read more
  • April 28, 2017

    ACWA Power and APICORP announce a transaction concerning a minority stake in Shuqaiq IWPP

    ACWA Power, a developer, owner and operator of independent power generation & water desalination plants, and Arab Petroleum Investments Corporation (APICORP), a multilateral development bank...

    Read more