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Jeddah

+966-12-650-4475

Highly regarded

English | Arabic


Bar admissions:

England & Wales
New York
Saudi Arabia

Jurisdictions:

Saudi Arabia

Practice areas:

Asset finance
M&A
Project finance

Industry sectors:

Financial services
Natural resources
Oil and gas


Ali Abedi worked for six years with White & Case in New York, where he specialized in asset and project finance and cross-border joint ventures. Since his return to Saudi Arabia in 1994 he has practised within his areas of specialisation in a Saudi context.

  • Adviser to Japan's Marubeni Corporation and the UAE-based Abu Dhabi National Energy Company (Taqa) on their bid for the planned Marjan cogeneration independent steam and power plant (ISPP) and Tanajib desalination plant. 
  • Advised the consortium consisting of the UAE-headquartered Metito, Saudi Arabia’s Mowah and Egypt’s Orascom Construction in connection with Saudi Arabia-based Water & Electricity Company (WEC)’s US$245m Dammam West independent sewage treatment plant (ISTP).
  • Advised ACWA Power as it lead a consortium with Saudi Brothers Commercial Company (SBCC), in its successful signing of senior financing agreements for the US$700 million Rabigh-3 independent water project (IWP) which will generate 600,000 m³/day — making it one of the largest SWRO desalination projects in the world to be built in Saudi Arabia. The Rabigh 3 desalination facility will service the cities of Jeddah, Mecca, Taif and surrounding villages.
  • Advised the consortium of Marubeni and Al-Jomaih Energy & Water Company on their bid for the 300MW Rabigh Solar PV Independent Power Project (IPP). The consortium offered a levelized cost of energy of SAR0.06381138/kWh. Saudi Arabia's Renewable Energy Project Development Office (REPDO) shortlisted Marubeni Consortium and ACWA Power Consortium for the IPP in April 2020. Successful bidders will enter into a 25-year Power Purchase Agreement (PPA) with the Saudi Power Procurement Company (SPPC) as off-taker. 
  • Advised the Marubeni and Marafiq Consortium in their bid for the Yanbu 4 independent water project (IWP). The plant is to operate using reverse osmosis seawater desalination technology. Once built, the plant will have a daily drinking water capacity of 450,000m3.

  • Asset finance
  • Banking
  • Project finance
  • M&A
  • Islamic finance

  • Banking
  • Aviation
  • Energy
  • Utilities
  • Industrials

  • Saudi Arabia, (2001)
  • New York Bar, (1989)
  • Called to the Bar of England and Wales by the Middle Temple, (1988)

  • Middle Temple, International Bar Association

  • Master of Laws, New York University, (1987)
  • Bachelor of Laws, Queen Mary College, University of London, (1985)