500 MW Solar Project in Oman’s Ibri Achieves Financial Closure

The $400 million project will be funded on a debt to equity ratio of 70:30

April 5, 2020

/ Anjana Parikh
/ Finance and M&A, Solar
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Saudi Arabia’s energy giant ACWA Power, along with the Gulf Investment Corporation (GIC) and Asia-Pacific Economic Cooperation (APEC), has achieved the financial closure for a 500 MW solar independent power project (IPP) at Ibri in the Sultanate of Oman.

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Anjana Parikh

More articles from Anjana Parikh.
ACWA powerdoor-to-door tenorfinancial closureIbriOmanSolar Project
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