Acciona reaches $600m financial close on Saudi desalination project – Saudi Arabia ACCIONA, a leading company in the development of water infrastructure, together with Marubeni Corporation, Almar and Rawafid Alhadarah Holding Co., has achieved the financial close for the Shuqaiq 3 desalination plant for a total value of more than $600mn. The transaction involved both Saudi national banking entities and a number of international organizations, reported Utilities Middle East. Saudi banking institutions included Samba and NBC, along with the participation of international players MUFG (Agent), CrĂ©dit Agricole, Norinchukin and SMBC, with the agreement reached just three months after the water purchase contract was signed. (LINK). HIWI042019-05-21T13:14:48+02:00