As of October 2026, Qatar's biggest water project under construction, the 110 MIGD Facility E, is being built without its senior debt in place. On 28 October 2026, Nebras Energy said delays in the senior-debt financial close for Facility E at Ras Abu Fontas mean the sponsors continue to fund construction themselves. The power and desalination plant carries an investment value of QAR 13.5 billion, reported as about USD 3.7 billion.
A financing package announced, not closed
In January 2026 JBIC announced it had signed project financing on 15 January, with co-financing of about USD 2,971 million, of which JBIC's share was up to about USD 990 million. Nine months later, the lead sponsor described the senior-debt close as delayed. Samsung C&T has held the engineering, procurement and construction contract, worth about USD 2.8 billion, since November 2024.
What the plant adds
Facility E is designed for about 2,400 MW of power and about 110 MIGD of reverse-osmosis desalination. That equals about 20% of Qatar's 538 MIGD of desalination capacity in 2024. KAHRAMAA, the sole buyer under a 25-year offtake, still expects national capacity to reach 648 MIGD after commissioning in 2028. Nebras gives first production in the first half of 2028 and full design capacity in the first half of 2029.
Why the timing matters
Capacity was 28% above 2024 peak demand of 420 MIGD. Average production that year, however, was about 407 MIGD a day. No successor desalination project has been confirmed: KAHRAMAA's QAR 4.1 billion water plan for 2026–2030 has no published project list, and Ashghal's 2026 tender package, worth about QAR 7 billion, includes two drainage tunnels but no production plant.
What other projects are in Qatar's pipeline, who is procuring them, how the first wastewater PPP raised USD 540 million of debt, and which awards to watch through 2028 are all covered in the report. The full report, Water Infrastructure Investment and Project Pipeline in Qatar, is available for USD 249. For a free overview, see Qatar Country Snapshot.