Corporate Banking
Tailored financing solutions supporting energy security and transition across public and private sectors
More than Capital
Through its Corporate Banking arm, the Arab Energy Fund has been playing since 1975 an instrumental role in the debt financing of the development and transformation of the Arab energy industry. As a lender as well as a financial adviser, The Arab Energy Fund has been supporting most of the landmark projects and trade flows of the Arab energy industry within the region and beyond, whether these projects are sponsored by governments or by privately owned companies. Over five decades, the Arab Energy Fund has established a solid franchise as a trusted, reliable, and efficient debt financing solutions provider to the energy industry and has built a well performing and high credit quality portfolio of project finance, asset-based finance and structured commodity finance assets.
Products and Services
We finance projects across the entire energy and utilities, recognizing that both hydrocarbon and utilities as well as decarbonization and circular solutions are essential for regional economic prosperity. Our portfolio is composed of assets of high quality and very diverse terms of industries and geography. includes upstream oil and gas, midstream infrastructure, refining and petrochemicals, alongside rapidly growing exposure to renewables, energy efficiency, and emissions reduction technologies.
Project Finance
- Project and asset-based financing for energy infrastructure, utilities, and industrial projects
- Conventional and Shariah-compliant structures tailored to project needs
Trade Finance
- Structured commodity and working capital financing
- Unfunded instruments supporting international energy trade and contractual performance
Financial Advisory Services
- Debt advisory and transaction support, including structuring and syndication
- Financial analysis and services, including financial feasibility studies
Corporate Banking Team
Nicolas Thévenot
Chief Banking Officer
Bilal Khalid
Head Of Hydrocarbons And Decarbonization
Imran Memon
Head Of Utilities And Green Finance
Nidhal Elmahfoudhi
Head of Trade and Structured Commodity Finance
Related Case Studies
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