Saudi Arabia-based ACWA Power has secured senior debt facilities, worth SAR2.638bn ($701.9m), to finance a 1.1GW wind power plant in the Gulf of Suez region, Egypt. A consortium of Development ...

ACWA Power, a leading Saudi developer, investor and operator of power generation, desalinated water and green hydrogen plants worldwide, today broke ground on the 100MW Nukus wind project ...

The Saudi utility added: “This portfolio consists of multiple solar PV and wind projects and will be owned partially/fully by ACWA Power together with other partners in multiple provinces in the ...

“We are proud to expand our partnership with ACWA Power and SOCAR to further explore renewable energy projects in the region, especially the enormous offshore wind potential in the Caspian Sea.

The company is heavily invested in solar and wind power, which form the backbone of its renewable energy portfolio. In 2023 alone, ACWA Power added 7.1 GW of renewable capacity, nearly doubling ...

Saudi Arabia’s ACWA Power said it has reached financial close on its $1.2bn Suez Wind Farm in Egypt, set to become one of the largest on the African continent at 1.1GW. ACWA and its partner Hassan ...

Saudi Arabia’s ACWA Power has finalized financing agreements worth $702 million for a 1,100-megawatt wind farm in Egypt. The financing consortium includes the European Bank for Reconstruction and ...

ACWA Power announced its formal entry into China's renewable energy market with investment agreements for over 1GW of ...

The company in reports published Dec. 31 said the portfolio includes solar and wind power installations that would be owned jointly by ACWA Power and Chinese renewable energy developers.

Acwa Power, a leading developer and operator of a portfolio of power generation projects in the region, has announced that it has secured funding worth SAR2.64 billion ($702 million) for a 1,100MW ...