Synergy Consulting is honored to receive the IJ Global Award 2024 for Water Deal of the Year

Synergy Consulting, Inc. is honored and delighted to serve as the Lead and Financial Advisor to the Saudi Water Partnership Company (SWPC), KSA, for achieving Financial Close of the Rayis Rabigh Independent Water Transmission Pipeline (IWTP) —which has been recognized with the prestigious “Global Water Deal of the Year – Water Transport, MENA” award by IJ Global.

This project includes a water transmission pipeline of capacity of 500,000 cubic meters per day which aims at strengthening the potable water distribution system.

The project, set to be operational in 2026, is structured as a 35-year concession. It is considered the first of its kind project in the region to be developed with the participation of the private sector, and the first water transmission pipeline connecting the sources of water desalination in the regions of Makkah and Madinah with the capability of transmitting water in both directions, which will contribute to achieving high levels of continuous drinking water supply and improving the efficiency of water transmission in the two regions.

The project marks an important milestone aligned with the sector’s strategic goals and KSA’s long-term vision for building sustainable and resilient water infrastructure to support future population growth and economic development.

Synergy Consulting, Inc. remains committed to enabling transformative infrastructure across the Middle East and beyond—supporting clients in structuring bankable, sustainable, and innovative solutions for the future.

We extend our sincere thanks to IJ Global for this recognition, and to all our stakeholders – including our clients and financial and private participants – for their ongoing trust and collaboration.