{"id":6442,"date":"2025-12-12T06:22:50","date_gmt":"2025-12-12T06:22:50","guid":{"rendered":"https:\/\/infrazamin.com\/ur\/?page_id=6442"},"modified":"2025-12-12T06:54:23","modified_gmt":"2025-12-12T06:54:23","slug":"pr-acumen-signing-ceremony","status":"publish","type":"page","link":"https:\/\/infrazamin.com\/ur\/pr-acumen-signing-ceremony\/","title":{"rendered":"PR-Acumen-Signing-Ceremony"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"6442\" class=\"elementor elementor-6442\">\n\t\t\t\t\t\t<section data-exad-particle-enable=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-8257900 elementor-section-full_width elementor-section-height-full elementor-section-stretched elementor-section-height-default elementor-section-items-middle exad-parallax-effect-no exad-background-color-change-no exad-glass-effect-no exad-sticky-section-no\" data-id=\"8257900\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9938072 exad-glass-effect-no exad-sticky-section-no\" data-id=\"9938072\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-exad-particle-enable=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-68c7832 elementor-section-full_width elementor-section-stretched elementor-section-height-default elementor-section-height-default exad-parallax-effect-no exad-background-color-change-no exad-glass-effect-no exad-sticky-section-no\" data-id=\"68c7832\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-64409b5 exad-glass-effect-no exad-sticky-section-no\" data-id=\"64409b5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9309193 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"9309193\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">InfraZamin Pakistan, Saudi Pak sign 11.5-years Renewable Energy Financing Facility to Acumen Energy of PKR 1.28 billion<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c013ea6 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"c013ea6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>InfraZamin Pakistan and Saudi Pak Industrial and Agricultural Investment Co Ltd signed a landmark transaction to provide an 11.5-year Distributed Solar Financing Facility to Acumen Energy Limited (Acumen) for PKR 1.28 billion. The Facility will be backed by a PKR 1.04bn credit guarantee to Saudi Pak and will mark InfraZamin\u2019s first foray into renewable energy. The transaction, supported by Private Finance Advisory Network (\u201cPFAN\u201d) and Capital Resource as the advisors, will enable Acumen Energy Limited to finance the development of approximately 12 MW of solar power projects across Pakistan.<\/p><p>Climate financing is a key focus area for the both InfraZamin and Saudi Pak underscoring their commitment to supporting sustainable development. Acumen Energy Ltd, a majorly owned subsidiary of the Ghulam Rasool and Company is a greenfield venture that aims to provide cost-efficient, environmentally sustainable power to commercial and industrial customers. With significant savings of CO2 emissions \u2013 approximately 6,500 tons annually, this project would also try to tap into the lucrative carbon credit market over its lifetime.<\/p><p>Maheen Rahman, CEO of InfraZamin Pakistan, stated: \u201cThis transaction represents our mission to enable private sector participation in sustainable infrastructure development. By providing a credit guarantee for renewable energy projects, InfraZamin is paving the way for affordable and clean energy solutions that align with Pakistan\u2019s climate goals. This Facility is the longest tenor we have guaranteed to date and is a landmark transaction that will open the door to long-term financing of infrastructure which is commensurate with the needs of the business. We are grateful to the vision of Saudi Pak and Acumen leadership, with whom we have worked alongside, to help bring this transaction to culmination.\u201d<\/p><p>Sharing his thoughts, Naeem ul Hasan, Director and CEO of Acumen Energy Limited, remarked: \u201cWe are grateful for InfraZamin\u2019s support in making this project a reality. By enabling cost-effective solar power solutions, we aim to transform energy access for customers across the country, driving economic growth while reducing environmental impact. 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. I would also like to take this opportunity to thank the USAID funded Private Finance Advisory Network (hosted by UNIDO and REEEP) and Capital Resource for their unwavering support, over the years, in conceiving and executing this land mark transaction\u201d<\/p><p>Adding his thoughts on the development, Rizwan Ahmed, General Manager and Chief Executive Officer of Saudi Pak Industrial and Agricultural Investment Company Ltd. commented: \u201cThis collaboration underscores our commitment towards advancing renewable energy projects in the country. Saudi Pak is proud to work alongside InfraZamin Pakistan and Acumen Energy Limited in driving Pakistan\u2019s transition to a greener and more sustainable energy future. Together, we are not just financing projects but building a cleaner and more resilient economy.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>InfraZamin Pakistan, Saudi Pak sign 11.5-years Renewable Energy Financing Facility to Acumen Energy of PKR 1.28 billion InfraZamin Pakistan and Saudi Pak Industrial and Agricultural Investment Co Ltd signed a landmark transaction to provide an 11.5-year Distributed Solar Financing Facility to Acumen Energy Limited (Acumen) for PKR 1.28 billion. The Facility will be backed by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-6442","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PR-Acumen-Signing-Ceremony - infrazamin<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infrazamin.com\/ur\/pr-acumen-signing-ceremony\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PR-Acumen-Signing-Ceremony - infrazamin\" \/>\n<meta property=\"og:description\" content=\"InfraZamin Pakistan, Saudi Pak sign 11.5-years Renewable Energy Financing Facility to Acumen Energy of PKR 1.28 billion InfraZamin Pakistan and Saudi Pak Industrial and Agricultural Investment Co Ltd signed a landmark transaction to provide an 11.5-year Distributed Solar Financing Facility to Acumen Energy Limited (Acumen) for PKR 1.28 billion. 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