ACWA Finalizes $2.2 Billion Financing for Two Solar Projects in Saudi Arabia

ACWA will hold a 35% equity stake in the projects

July 18, 2023

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights

Saudi Arabia-based energy company ACWA Power has signed financing agreements with a consortium of investors to develop Al Shuaibah 1 and Al Shuaibah 2 solar projects for a total investment of SAR8.3 billion (~$2.2 billion).

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Arjun Joshi

Get the most relevant India solar and clean energy news.

ACWA Finalizes $2.2 Billion Financing for Two Solar Projects in Saudi Arabia

MERCOM Insider

Get the most relevant India solar and clean energy news.

RECENT POSTS