K&A Advises NADEC on its Landmark PPP Acquisition

K&A is pleased to have assisted the National Agricultural Development Company (“NADEC”) in relation to its signing of the definitive agreements in connection with the acquisition of the Second Milling Company that was offered for privatization by the Saudi Grains Organization (“SAGO”) alongside other consortium members.

As part of its role, K&A advised NADEC on the definitive agreements regarding the ownership, management, commercial business and operation of the Second Milling Company.

The K&A team was led by Partner Leen Zaza, and supported by Managing Partner Zeyad Khoshaim, Counsel Hamdan van den Brule and associate Dana Aldhuwaihi.

This transaction comes after K&A being named Saudi Arabian Corporate Law Firm of the Year 2021 by Chambers Middle East 2021, and further cements K&A’s position as one of the leading law firms in the market for M&A.

K&A advises on landmark Green Financing

K&A assisted Saudi Electricity Company (SEC) on a USD500 million green financing facility signed with Japan Bank for International Cooperation (JBIC). This is the first untied green facility for SEC and it will support renewable interconnection, reliability and energy efficiency projects in transmission and distribution networks. The transaction fits directly in line with SEC’s goals to pursue green financing opportunities, implementing investments with clear environmental and social benefits.

The K&A team was led by Partner Karim Wali and supported by Managing Partner Zeyad Khoshaim and Senior Associate Naryman Alkassimi and Associate Saud Alqahtani.

This transaction solidifies K&A’s tier one finance practice, and comes on the back of K&A winning Thomson Reuters’s Saudi Arabian Law Firm of the Year, and IFLR’s National Law Firm of the Year.