Nezar Al-Abbas

• NEOM Green Hydrogen Company | Advising in connection with the ~US$5.3 billion financing of a greenfield facility powered by renewable energy for production and export of green hydrogen, located in the NEOM region of Saudi Arabia. This deal was recognized as “Green Deal of the Year” by Project Finance International 2022 and “Structured Loan Deal of the Year” by Bonds, Loans & Sukuk Middle East Awards 2023 and “Structured Finance Deal of the Year” by Capital Markets Saudi Arabia Awards 2022.*
• ROSHN Group | Advising on its inaugural SAR 9 billion (US$2.4 billion) syndicated working capital facility agreement.*
• The Red Sea Development Company | Advising a wholly-owned subsidiary of Saudi Arabia's Public Investment Fund on the signing of key finance documents for Phase One of The Red Sea Project, a revolutionary tourism giga project on the Red Sea coast. This deal was recognized as "Project Finance Deal of the Year" by Capital Markets Saudi Arabia Awards 2021.*
• Major State Owned Oil and Gas Company | Advising on the structuring and tendering of the US$1 billion cogeneration and desalination plant. 
• Advanced Polyolefins Industry Company | Advising in connection with the SAR 6.1 billion Islamic project financing of Advanced Polyolefins Industry Company's new petrochemicals complex in Jubail Industrial City. This deal was recognized as “Project Finance Loan Deal of the Year” by Capital Markets & ESG Finance Saudi Arabia Awards 2022.
• Riyadh PP11 | Advising in connection with the refinancing of Riyadh PP11, a 1,730 MW gas-fired power plant located west of Riyadh. This deal was recognized as “MENA Refinancing Deal of the Year” by IJ Global 2021.*
• RABEC | Advising on a US$1.8 billion multi-tranche conventional and Islamic refinancing (Wakala-Ijara and procurement facilities) of RABEC's 1.2GW power plant.*
  • Trade Finance | Acting for a leading Saudi Arabian bank in relation to the structuring, documentation and launch of various innovative Shariah compliant trade finance products.*
  • REITS | Acting for a leading Saudi Arabian bank in relation to the multi-billion Saudi Riyal Shariah compliant Murabaha financings to various real estate investment trusts in the Kingdom of Saudi Arabia.*
  • A syndicate of leading international and Saudi banks | Advising in relation to a US$ 350 million Shariah-compliant Murabaha financing of the construction of five DWT Class Crude Oil Carriers by a leading shipping company in the Kingdom of Saudi Arabia.*

*Experience prior to joining Ashurst Perkins Coie