Clifford Chance has represented Dhuruma Electricity Company, whose sponsors include Saudi Electricity Company, on the refinancing of facilities in excess of $1 billion for a gas-fired independent power project in Riyadh, Saudi Arabia.

Allen & Overy has advised Saudi Electricity Co., the Gulf's largest utilities firm, on the more than $2 billion of financing that it received from a consortium that was advised by Clifford Chance.