Jubail-3B IWP

Jubail-3B IWP - a Seawater Reverse Osmosis Independent Water Project in Saudi Arabia. Capacity 570k m³/d. Winning consortium: ENGIE + Ajlan Bros + Nesma. Water tariff: USD $0.412/m³. Status: Construction.

Country

Saudi Arabia

Procurer

SWPC

City / region

Jubail (water for Riyadh/Qassim)

Capacity

570k m³/d

Status

Construction

Water tariff

USD $0.412/m³

Winning consortium

ENGIE + Ajlan Bros + Nesma - equity: ENGIE 40% / Ajlan 30% / Nesma 30%

Procurement timeline

• RFP: 2020
• Bid submission: Late 2020
• Preferred bidder: Jan 2021
• Commercial close: 2021
• Financial close: Oct 2021
• PCOD: Late 2024/2025

Prequalified bidders

4 PQ

• ENGIE+Ajlan+Nesma
• ACWA-led
• Marubeni-led
• Acciona-led

Financing

• Capex: USD 693 M
• Debt: ~75-80% gearing
• Lenders: StanChart, MUFG, NCB, KDB / KEXIM
• Tenor: Long-dated 25-yr WPA

Technical scope

Process: SWRO + energy recovery

61 MWh captive solar PV (largest captive solar for desal at announcement); 1-day storage

Notes

Among lowest /m³ globally for 570 MLD.

EPC contractor: Sidem (Veolia) + SEPCO III

Sources

• MEED
• ENGIE

Open the full SWRO IWP benchmark →

Part of the GulfInfra · GCC Infrastructure Library - a free open-source benchmark of 136 public-private partnership procurements across the GCC. Methodology: how we build this.