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BlackRock-Led Consortium Seeks $10.3 Billion for Saudi Gas Projects

A consortium led by BlackRock is in talks to raise $10.3 billion to support gas development projects in Saudi Arabia.

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Terms & Concepts
  • Consortium: A group of entities that collaborate to pursue a large project or investment, sharing resources, risks, and returns.
  • Project Finance: A financing structure where repayment relies primarily on the project’s cash flow, with assets and revenues used as collateral.