Gibson Dunn advises on USD 4bn Saudi Arabia energy project
Gibson Dunn advised ACWA Power, The Saudi Electricity Company (SEC), and Korea Electric Power Corporation (KEPCO), in connection with their role as sponsors within the project financing of each of the Rumah 1 and Nairyah 1 CCGT independent power projects in the Kingdom of Saudi Arabia.
With a production capacity of 1,800 megawatts each, the two projects encompass a total investment of approximately USD 4 billion (SR15bn).
The Gibson Dunn team
The cross-office Gibson Dunn team advising on the matter featured partners Ben Shorten (London), Laleh Shahabi (Abu Dhabi) and Mahmoud Abdel-Baky (Riyadh), of counsel Elizabeth Wood (Dubai) and Vincent Poilleux (Paris), associates Charles Case (Abu Dhabi), Tom Capper (London), Emma Lavaysse di Battista (Paris), Hadeel Tayeb (Riyadh) and Souad Aldaker (Riyadh), as well as trainee Shaikha AlKaabi (Abu Dhabi).
