Tag: ACWA Power
ACWA Power secures $749mn in its maiden 7-year sukuk issuance
Saudi Arabia’s leading developer ACWA Power successfully raised $746 million through a senior, unsecured floating Sukuk rate issuance with a 7-year tenor, under the...
ACWA Power, Neutral Fuels ink biofuel supply deal for Saudi Red...
Saudi Arabia-based power plant developer ACWA Power has signed a Memorandum of Understanding (MoU) with the GCC’s largest biofuel producer Neutral Fuels for supplying...
Saudi-based ACWA Power to build largest wind farm in Central Asia
Saudi Arabia-based power plant developer ACWA Power has signed an implementation agreement with the Ministry of Investments & Foreign Trade and the Ministry of...
Saudi ACWA Power secures $114mn funding for Solar Project in Egypt
Saudi Arabia-based power plant developer ACWA Power has secured a $114 million funding package from four agencies for the 200 megawatts (MW) Kom Ombo...
India’s L&T bags Saudi’s 1.5GW Sudair Solar EPC Project contract
Leading Indian conglomerate Larsen & Toubro (L&T) has secured a construction contract to build Saudi Arabia's largest solar photovoltaic (PV) plant.
In a statement to...
APICORP provides $125mn 5-year Shariah-compliant facility to ACWA
Arab Petroleum Investments Corporation (APICORP), the Middle East and North Africa (MENA) region's multilateral development financial institution, has signed a $125 million 5-year Shariah-compliant...
Saudi Arabia-Azerbaijan sign $300mn renewable energy deal
Saudi Arabia and Azerbaijan have signed a landmark agreement worth $300 million for renewable energy projects in the Caspian country.
The Kingdom's energy leader, ACWA...
Dubai to have world’s largest energy storage capacity by 2030
Dubai is set to have the largest energy storage capacity in the world once the fourth phase of the Mohammed bin Rashid Al Maktoum...
