Infra and HUMAIN Sign Financing Agreements of up to SAR 2.5 Billion to Advance Saudi Arabia’s AI Infrastructure
The National Infrastructure Fund (Infra) and HUMAIN have signed two financing agreements totaling up to SAR 2.5 billion to accelerate AI computing deployment and develop critical power infrastructure, supporting the growth of Saudi Arabia’s AI ecosystem and attracting private sector investment.
November 09, 2026
RIYADH, Saudi Arabia, 9 November 2026: The National Infrastructure Fund (Infra) and HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities globally, today announced the signing of two financing agreements totaling up to SAR 2.5 billion (approximately USD 667 million) to support AI computing deployment and the development of critical power infrastructure in Saudi Arabia.
The agreements were signed on 8 November in Riyadh in the presence of H.E. Yasir Al-Rumayyan, Governor of the Public Investment Fund, H.E. Faisal bin Fadhil Alibrahim, Minister of Economy and Planning and Chairman of Infra’s Board of Directors, and H.E. Abdulaziz Alarifi, Governor of the National Development Fund.
The facilities are the first transactions announced under Infra’s AI Data Center Financing Program. They build on the strategic financing framework announced by Infra and HUMAIN at Davos in January 2026, which outlined non-binding financing terms of up to SAR 4.5 billion (USD 1.2 billion) to support AI and digital infrastructure projects in the Kingdom.
The GPU financing facility, of up to SAR 1.1 billion (USD 293.3 million), will support the procurement and deployment of graphics processing units (GPUs), representing approximately 25 MW of IT load.
A second facility of up to SAR 1.4 billion (USD 373.3 million), will finance the development of substations, transmission infrastructure and grid connections to support HUMAIN’s AI data centers in Saudi Arabia. The planned power infrastructure is designed to support future data center development with up to 1 GW of IT capacity, helping create the conditions for investment by developers, hyperscalers and institutional investors.
“Through these agreements, we aim to unlock investment well beyond Infra’s own commitment. Supporting HUMAIN’s computing deployment alongside essential power infrastructure helps prepare a broader pipeline of data center projects for investment. Our role is to strengthen project readiness and bankability, with commercial viability and economic value guiding how we deploy our capital. This partnership connects our priorities with commercial discipline, helping build a financing market that can attract a broader pool of private and institutional capital and sustain the local AI infrastructure growth,” said Eng. Esmail bin Mohammed Alsallom, Chief Executive Officer of Infra.
“AI infrastructure is becoming foundational to the next generation of computing, and scaling it requires both significant investment and the infrastructure to support it. These facilities with Infra will help accelerate the deployment of advanced computing capacity and the power infrastructure required to support it. At HUMAIN, we are focused on building and operating AI infrastructure at scale, while developing the technologies and platforms that enable organizations and customers globally to put AI to work,” said Tareq Amin, Chief Executive Officer of HUMAIN.
The agreements were signed on 8 November in Riyadh in the presence of H.E. Yasir Al-Rumayyan, Governor of the Public Investment Fund, H.E. Faisal bin Fadhil Alibrahim, Minister of Economy and Planning and Chairman of Infra’s Board of Directors, and H.E. Abdulaziz Alarifi, Governor of the National Development Fund.
The facilities are the first transactions announced under Infra’s AI Data Center Financing Program. They build on the strategic financing framework announced by Infra and HUMAIN at Davos in January 2026, which outlined non-binding financing terms of up to SAR 4.5 billion (USD 1.2 billion) to support AI and digital infrastructure projects in the Kingdom.
The GPU financing facility, of up to SAR 1.1 billion (USD 293.3 million), will support the procurement and deployment of graphics processing units (GPUs), representing approximately 25 MW of IT load.
A second facility of up to SAR 1.4 billion (USD 373.3 million), will finance the development of substations, transmission infrastructure and grid connections to support HUMAIN’s AI data centers in Saudi Arabia. The planned power infrastructure is designed to support future data center development with up to 1 GW of IT capacity, helping create the conditions for investment by developers, hyperscalers and institutional investors.
“Through these agreements, we aim to unlock investment well beyond Infra’s own commitment. Supporting HUMAIN’s computing deployment alongside essential power infrastructure helps prepare a broader pipeline of data center projects for investment. Our role is to strengthen project readiness and bankability, with commercial viability and economic value guiding how we deploy our capital. This partnership connects our priorities with commercial discipline, helping build a financing market that can attract a broader pool of private and institutional capital and sustain the local AI infrastructure growth,” said Eng. Esmail bin Mohammed Alsallom, Chief Executive Officer of Infra.
“AI infrastructure is becoming foundational to the next generation of computing, and scaling it requires both significant investment and the infrastructure to support it. These facilities with Infra will help accelerate the deployment of advanced computing capacity and the power infrastructure required to support it. At HUMAIN, we are focused on building and operating AI infrastructure at scale, while developing the technologies and platforms that enable organizations and customers globally to put AI to work,” said Tareq Amin, Chief Executive Officer of HUMAIN.