The wind farm's financing includes a $703.6m senior debt facility from a group of international banks and institutions.

Saudi Arabia’s ACWA Power has finalized financing agreements worth $702 million for a 1,100-megawatt wind farm in Egypt.

ACWA Power, the world's largest private water desalination company, leader in energy transition and first mover into green ...

Nazrin Abdul Read more The global push towards alternative energy has become more pronounced in recent years as nations ...

Saudi Arabia's ACWA Power has successfully secured a financing deal worth $692 million for a major wind power plant in Egypt. The agreement underscores the growing momentum in the renewable energy ...

This, in turn, can generate substantial employment opportunities. In 2023 alone, renewable energy operations created 30,000 jobs in Saudi Arabia. There are plans to expand operations, aiming to ...

The project is being implemented by Suez Wind, a special-purpose vehicle jointly owned by ACWA Power, a global leader in renewable energy development, and HAU Energy BV, a funding vehicle incorporated ...

Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat announced Sunday that the total ...

ACWA Power, in partnership with HAU Energy ... “This project not only diversifies Egypt’s energy mix but also serves as a catalyst for economic growth, job creation and technological advancement in ...