Gibson Dunn Deal Recognized as Global Power Deal of the Year at the PFI Awards 2025
Accolades | February 23, 2026
A Gibson Dunn deal was recognized at the PFI Awards 2025 in London on February 19, as the PIF Wave 5 & 6 Project was named Global Power Deal of the Year.
Gibson Dunn advised the initial mandated lead arrangers, senior and equity bridge lenders, agency banks and hedge providers on the financing of five utility-scale solar photovoltaic projects to be built in Saudi Arabia. This landmark deal forms part of Saudi Arabia’s National Renewable Energy Program, led and supervised by the Ministry of Energy, and reflects the Public Investment Fund’s commitment to develop 70% of the Kingdom’s renewable energy target capacity by 2030.
The Gibson Dunn attendees accepting the award included partner Ben Shorten, who led the team, and associates Andy Sears-Black, Emily Smith, and Lucrezia De Jorio.