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Neom Green Hydrogen Project

Sector: Power Generation (CCGT) • Location: Neom, Saudi Arabia

Source: Arabian Gulf Business Insight (AGBI)

Project
Awarded

Saudi Arabia's flagship green hydrogen project, Neom, has reached financial close at $8.4 billion. The project company has secured an exclusive 30-year offtake agreement with Air Products for all the green ammonia produced at the facility, making it bankable with a buyer, balance sheet, and lender-friendly structure.

Status
Closed
Sector
Power Generation (CCGT), Hydrogen
Location
Neom, Saudi Arabia
Updated
22 Jul 2026
Source
Arabian Gulf Business Insight (AGBI)

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Project Information

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The project “Neom Green Hydrogen Project” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Neom, Saudi Arabia. Taiyo aggregates data on it from Arabian Gulf Business Insight (AGBI).

Participants

Not available for this record.

Status

Original status

awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Saudi Arabia's flagship green hydrogen project, Neom, has reached financial close at $8.4 billion. The project company has secured an exclusive 30-year offtake agreement with Air Products for all the green ammonia produced at the facility, making it bankable with a buyer, balance sheet, and lender-friendly structure.

Original sector

Energy

Budget

Location

Country

Saudi Arabia

City

Neom

Source

Source

Arabian Gulf Business Insight (AGBI)

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Hydrogen

Article published date

2026-07-19

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