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ACWA Power Finalizes Financing Process for Dubai Solar Project
September 7th, 2020 - 09:00 GMT

ACWA Power Finalizes Financing Process for Dubai Solar Project

ACWA Power, a Saudi Arabian developer, investor and operator of power generation and desalinated water plants, completed the signing of all financing agreements of the 900MW solar PV project, Shuaa Energy 3 PSC, which is the fifth phase of the Mohammed bin Rashid Al-Maktoum Solar Park in Dubai. Shuaa Energy 3 PSC is the special purpose vehicle incorporated for the project, with 60 percent ownership of the Dubai Electricity and ...
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ACWA Power and Silk Road Fund’s further collaboration is a mirror image of the robust and strategic ties between Saudi Arabia and China that is strengthened year after year.
June 25th, 2019 - 06:30 GMT

Silk Road Fund Acquires 49 Percent Stake in Saudi Arabia’s ACWA Power

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