BlackRock Secures $11 Billion Deal with Saudi Aramco: A Catalyst for Global Infrastructure Growth

BlackRock has secured a significant $11 billion deal with Saudi Aramco, marking a pivotal investment in the Jafurah gas project in Saudi Arabia. This strategic partnership aligns with Saudi Arabia’s Vision 2030 and supports the development of its ambitious gas infrastructure. The deal showcases global investor confidence in large-scale energy projects and underscores BlackRock’s commitment to international infrastructure investments. The transaction also reflects a growing trend towards long-term, de-risked investments within sovereign-backed energy sectors, potentially influencing capital allocation toward infrastructure globally.