alinma Bank has signed a SAR 750 million Sharia-compliant term loan facility with ACWA Power, the world’s largest private water desalination company and a leader in energy transition and green hydrogen, to support the development of the company’s new corporate headquarter in Riyadh.
The seven-year facility will be utilized to finance the construction of a state-of-the-art, environmentally sustainable headquarter. Designed to align with the Kingdom of Saudi Arabia’s Vision 2030, the new building will embody the highest standards of green architecture and will incorporate Net Zero requirements to minimize environmental impact.
By leading this strategic financing, alinma Bank reinforces its position as a key enabler of national development initiatives, particularly those tied to sustainability and innovation. The project supports the Bank’s growth in structured corporate financing, enhances its role in delivering Sharia-compliant funding solutions for large-scale infrastructure, and aligns with its strategy to support projects that contribute to the Kingdom’s long-term economic and environmental goals.