ACWA Power achieves financial close for ten projects worth over US $14bn ...United Arab Emirates

ME CONSTRUCTION NEWS - Local News
ACWA Power achieves financial close for ten projects worth over US $14bn
source : ME CONSTRUCTION NEWS ( United Arab Emirates ) () 172
ACWA Power is said to have achieved the financial close for projects with a combined value of over US $14bn. The firm said it has had an exceptional 12-month period and notes the projects, which are spread across Saudi Arabia, Egypt and Uzbekistan are amongst the largest in the company’s history. The projects sit across the breadth of ACWA Power’s project portfolio spanning renewables, water desalination and green hydrogen and include the $8.5bn NEOM Green Hydrogen project under construction in the Kingdom, which is said to be the world’s largest utility scale green hydrogen production facility. “The past 12 months marks a historic milestone for us, as it represents the highest number of pro

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