# Marafiq reaches financial close on $500M wastewater plant in Jubail

Marafiq has reached financial close on a roughly $500 million industrial wastewater treatment plant in Jubail, Saudi Arabia, developed with Veolia and Lamar. Construction is handled by Orascom Construction.

- Type: New facility
- Announced: 2026-02-23
- Where: Jubail, Saudi Arabia
- Value: $500.0M
- Status: under construction
- Products: industrial wastewater treatment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Marafiq](https://endata.com/companies/18796.md)
- [Veolia](https://endata.com/companies/243.md) (partner)
- [Orascom Construction](https://endata.com/companies/8450.md) (partner)
- [Lamar](https://endata.com/companies/87460.md) (partner)

## Sources

- [constructionweeksaudi.com](https://www.constructionweeksaudi.com/construction/marafiq-gets-500m-for-jubail), 2026-02-23: "Marafiq has reached financial close on a roughly $500 million industrial wastewater treatment plant in Jubail."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.