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Masdar, ENGIE achieve financial close for 1.5GW Khazna project
Gulf Today
|January 20, 2026
Abu Dhabi Future Energy Company PJSC-Masdar, a global clean energy leader, and ENGIE, a global leader in low-carbon energy solutions, today announced they have reached financial close for the 1.5 gigawatt (GW) (AC) Khazna Solar Photovoltaic (PV) Independent Power Project.
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Financing facilities have been secured with seven leading regional and international banks, including Abu Dhabi Islamic Bank, Crédit Agricole Corporate and Investment Bank, KfW IPEX, BNP Paribas, Hong Kong and Shanghai Banking Corporation, Sumitomo Mitsui Trust Bank and Emirates Development Bank.
This story is from the January 20, 2026 edition of Gulf Today.
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