Case Studies
The Arab Energy Fund, founded in 1975, supports energy security and sustainability across 35+ countries with $5.3bn in financing, equity, and advisory solutions. Backed by top credit ratings and strong sustainability focus, we empower partners, talent, and youth.
Series A Round for Tagaddod
Led Tagaddod’s $26.3 million Series A equity round. Tagaddod, a pioneering platform for Biofuel Feedstocks, will direct this funding toward further strengthening its role in enabling the growing production of Sustainable Aviation Fuel (SAF) and Renewable Diesel (RD).
million
BlackRock Middle East Infrastructure Fund (2024)
Committed $75 million to the BlackRock Middle East Infrastructure Fund, targeting investments across energy, utilities, water, transportation, telecommunications, and social infrastructure. The partnership offers access to institutional-grade infrastructure opportunities and co-investment rights alongside a leading global asset manager with extensive relationships in the MENA region.
million
Metito Utilities Acquisition (2024)
Led a consortium to acquire 100% of Metito Utilities, a global investor, developer, and operator of sustainable water management solutions. The transaction provides growth capital to expand climate-resilient water assets across emerging markets, creating a strategic platform addressing the critical water-energy nexus in water-stressed regions.
acquired by TAEF-led consortium
NEOM Green Hydrogen Project (2022)
Mandated Arranger with $100 million in Senior Term Loan Facility and $85 million in ACWA Power-Guaranteed Equity Bridge Loan Facility for the world’s largest green hydrogen project. Located in NEOM’s Oxagon industrial city, the $8.4 billion facility will produce 600 tons per day of green hydrogen and 1.25 million metric tons per year of liquid green ammonia upon operationalization, powered entirely by 4GW of renewable energy.
million
ADNOC Waste Processing Plants (2023)
Co-Mandated Lead Arranger and Structuring Bank for the $600 million acquisition financing of ADNOC Refining’s two waste processing plants by a Veolia-led consortium. Underwrote half the transaction, enabling hazardous industrial waste treatment capacity of nearly 70,000 tons annually at the Al Ruwais industrial complex.
million
Bapco Energies Pipeline Project (2024)
Provided financing to support BlackRock’s participation in the Bapco Energies Pipeline Project, enhancing midstream infrastructure and regional energy export capacity in a strategic transaction combining multilateral and institutional capital.
million