Saudi Arabia's Infra signs up to SAR 2.5 billion ($667 million) in financing for HUMAIN's GPUs and power grid links
The two facilities are the first deals under Infra's AI Data Center Financing Program; the power facility is designed to support up to 1 GW of IT capacity.
Why it matters
HUMAIN, the Public Investment Fund's AI company, is trying to build Saudi Arabia into a regional compute hub, and this is the first time the state infrastructure fund has turned its January framework into signed loans. Most of the money goes to grid connections rather than chips: the GPU facility covers about 25 MW of IT load, while the power facility is designed for up to 1 GW. Watch for drawdowns under the remaining SAR 2 billion of the framework and for which hyperscalers build on the new grid capacity.
Key facts
- Two facilities totalling up to SAR 2.5 billion (about USD 667 million)
- GPU facility: up to SAR 1.1 billion (USD 293.3 million), about 25 MW of IT load
- Power facility: up to SAR 1.4 billion (USD 373.3 million)
- Power infrastructure designed for up to 1 GW of IT capacity
- Signed 8 November in Riyadh
- Framework from Davos, January 2026: up to SAR 4.5 billion (USD 1.2 billion)