Dentons Advised Nextpower On The Joint Venture With Abunayyan Holding For The Establishment Of A Manufacturing Facility In Saudi Arabia

Dentons advised Nextpower on the joint venture with Abunayyan Holding for the establishment of a manufacturing facility in Saudi Arabia

The global law firm, Dentons has advised Nextpower on the joint venture and incorporation of Nextpower Arabia. The new joint venture will accelerate the manufacturing and deployment of utility-scale solar power plants across the Middle East and North Africa (MENA) region.

Nextpower (Nasdaq: NXT, formerly Nextracker) is a global leader in advanced solar technology solutions, engineering and delivering integrated systems designed to optimise performance and reliability for utility-scale and distributed solar projects worldwide. Abunayyan Holding is a Saudi conglomerate engaged in water, energy, and infrastructure, with a legacy of over 75 years of operations across the Kingdom and the wider MENA region.

The joint venture supports national and regional energy objectives and Net Zero targets. Nextpower Arabia will specialise in the provision, integration, and support of advanced solar tracking systems, yield management, and control technologies for large-scale solar plants.

The Dentons team was led by Ziad Saad (Corporate Partner), with support from Mohamad Al Rifai (Senior Associate, Riyadh) and Sara Alfaddagh (Associate, Riyadh).

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