First Gulf Investments Solutions has completed $732 Million Financing For Oil Producer

First Gulf Investments Solutions has completed $732 Million Financing For Oil Producer

As one of the world’s leading and most diverse financial services firm, First Gulf Investments Solutions serves the needs of our clients by offering a world-class project funding platform coupled with straightforward, intelligent advice.

First Gulf Investments Solutions has successfully completed a $732 million ten-year non-recourse project financing for large Oil Producer.

“We got responses from 18 of the leading global lenders – both banks and commodity traders and we selected First Gulf Investments Solutions,” CEO of the Oil Company said.

It was First Gulf Investments Solutions’ flexible terms that ensured the feasibility of this project.

Through an accelerate growth strategy, the Company aims to become a stand-alone operator in oil and gas exploration and production by 2019 and a “world class operator” by 2026, CEO said.

About First Gulf Investments Solutions.

Strength, Solutions and Growth

At First Gulf Investments Solutions, we apply our strengths as a leading global investment and advisory firm to deliver solutions, unlock value and propel growth. Our capital fuels the development of businesses and communities. Our strategic advice helps companies and governments stabilize, grow and thrive during these challenging times. We invest in emerging markets and entrepreneurs that will be the wellsprings of future opportunity. Over 700 employees focus on making our clients’ private markets investment programs a true success. That’s all we do. And we do it with passion.

Wind Farm based in Asia has raised $195 million from First Gulf Investments Solutions

Wind Farm based in Asia has raised $195 million from First Gulf Investments Solutions to finance a wind farm with 32 turbines.

As one of the world’s leading and most diverse financial services firm, First Gulf Investments Solutions serves the needs of our clients by offering a world-class project funding platform coupled with straightforward, intelligent advice.

The deal will fund a 70 megawatt farm with 32 turbines in South Asia which is estimated to generate 242 gigawatt hours of electricity. That would be equivalent to 190,000 tonnes of avoided greenhouse gas emissions and enough generated power for around 43,000 average households for one year

Wind Farm President said the deal followed a $380 million climate bond in December last year.

First Gulf Investments Solutions is already the largest debt financier of renewable energy in this country.

“This is further evidence that debt markets can play a pivotal role in financing a low carbon economy and help the renewable energy sector continue to grow.”

About First Gulf Investments Solutions.

Strength, Solutions and Growth

At First Gulf Investments Solutions, we apply our strengths as a leading global investment and advisory firm to deliver solutions, unlock value and propel growth. Our capital fuels the development of businesses and communities. Our strategic advice helps companies and governments stabilize, grow and thrive during these challenging times. We invest in emerging markets and entrepreneurs that will be the wellsprings of future opportunity. Over 700 employees focus on making our clients’ private markets investment programs a true success. That’s all we do. And we do it with passion.

First Gulf Investments Solutions provides $660 Million Debt Financing For Solar Project

First Gulf Investments Solutions provides $660 Million Debt Financing For Solar Project

As one of the world’s leading and most diverse financial services firm, First Gulf Investments Solutions serves the needs of our clients by offering a world-class project funding platform coupled with straightforward, intelligent advice.

First Gulf Investments Solutions has successfully completed a $660 million non-recourse project financing for Solar Power project.

Loan proceeds will be used for the construction of 100 MW solar thermal electricity (STE) power plant. It features advanced technology with a five-hour thermal energy storage system using molten salts that assists in meeting the evening peak demand. This plant will produce clean and dispatchable energy to serve more than 95,000 households and will prevent the emission of 348,000 tons of CO2 per year.

With a total investment of approximately $880 million, construction of the Solar Plant started in 2014. Job creation will peak at over 1,300 positions during the construction phase, generating 45 permanent jobs for plant operation and Construction on the project is already underway and the project is expected to the commissioned by 2017.

About First Gulf Investments Solutions.

Strength, Solutions and Growth

At First Gulf Investments Solutions, we apply our strengths as a leading global investment and advisory firm to deliver solutions, unlock value and propel growth. Our capital fuels the development of businesses and communities. Our strategic advice helps companies and governments stabilize, grow and thrive during these challenging times. We invest in emerging markets and entrepreneurs that will be the wellsprings of future opportunity. Over 700 employees focus on making our clients’ private markets investment programs a true success. That’s all we do. And we do it with passion.