InfraZamin Pakistan and Saudi Pak Industrial and Agricultural Investment Co. Ltd. have jointly structured an 11.5-year Distributed Solar Financing Facility of PKR 1.28 billion for Acumen Energy Limited (Acumen). This financing arrangement is supported by a PKR 1.04 billion credit guarantee extended to Saudi Pak by InfraZamin, ensuring robust credit enhancement.

The project is set to achieve significant environmental impact, with projected carbon emissions savings of approximately 6,500 tons annually. Additionally, it aims to capitalize on the carbon credit market, contributing to long-term sustainability and economic value.

The impact of this project will be diverse, generating business opportunities worth approximately PKR 1,600 million for local suppliers, including solar panels, steel, cables, wires, and engineering sectors, to name a few.

The facility not only underscores InfraZamin’s commitment to green financing but also marks a significant step towards clean energy transition in Pakistan’s industrial landscape.