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TAQA, Vision Invest and GIC Consortium Announce Financial Closing

TAQA, Vision Invest and GIC Consortium Announce Financial Closing for Juranah Independent Strategic Water Reservoir Project in Makkah

The project is the first of its kind in the Kingdom of Saudi Arabia

Active private sector involvement in essential water infrastructure development

Addressing municipal potable water demand across the Kingdom

Abu Dhabi, UAE – 4 June 2024: Abu Dhabi National Energy Company PSJC (TAQA), one of the largest listed integrated utilities in Europe, the Middle East and Africa, alongside Vision International Investment Company (Vision Invest) and Gulf Investment Corporation (GIC), announced the achievement of the financial closing for the Juranah Independent Strategic Water Reservoir Project (ISWR-1) in Makkah region, Saudi Arabia. Together with Vision Invest and GIC, the consortium has successfully completed all financing arrangements for this groundbreaking project.

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