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ACWA Power closes on 200MW Egyptian PV plant

ACWA Power closes on 200MW Egyptian PV plant
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Acwa Power closes 200MW Egyptian solar project

Acwa Power, a Saudi-listed company and one of the largest private water desalination companies, has announced the financial close for the 200 megawatts (MW) Kom Ombo project, a utility-scale solar power plant in Egypt.

Saudi arabiaKom omboAr riyaArab bankUnited arab emiratesMarco arcelliTradearabia news serviceAfdb sustainable energy fund for africaArab petroleum investments corporation apicorpAfrican development bank afEuropean bankGreen climate fundOpec fundInternational developmentAfrican development bankEnergy fund

Kom Ombo solar project, Egypt

Kom Ombo solar project, Egypt
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Saudi ACWA Power s Egypt solar project secures $123mln financing

Saudi ACWA Power s Egypt solar project secures $123mln financing
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ACWA Power secures $123m for its Egypt solar project

ACWA Power said the project already has equity bridge loans of $14m from the EBRD and $45m from the APICORP

Saudi arabiaToshkent shahriKom omboUzbekistan generalMarco arcelliAsian development bankNational electric grid of uzbekistanAfrican development bank afArab petroleum investments corporationAsia private infrastructure fundPublic investment fundGreen climate fundArab bankAfdb sustainable energy fund for africaEuropean bankFund for international development