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Saudi PIF, Partners Reach Financial Close for Solar Projects

Consortium of ACWA Power, PIF Subsidiary Badeel , and Aramco subsidiary SAPCO reach financial close for Al Shuaibah 1 and Al Shuaibah 2 solar PV projects – pv magazine International

Consortium of ACWA Power, PIF Subsidiary Badeel , and Aramco subsidiary SAPCO reach financial close for Al Shuaibah 1 and Al Shuaibah 2 solar PV projects – pv magazine International
pv-magazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pv-magazine.com Daily Mail and Mail on Sunday newspapers.

ACWA Power, Badeel, SAPCO Reach Financial Close for Two Al Shuaibah Solar PV Projects

ACWA Power, a Saudi-listed company and a leader in the energy transition, the Water and Electricity Holding Company (Badeel), wholly owned by Public Investment Fund (PIF), and Saudi Aramco Power Company (SAPCO), a wholly owned subsidiary of Aramco, announced the successful financial close of Al Shuaibah 1 and Al Shuaibah 2 solar PV projects, which will generate an aggregate capacity over 2.6GW of clean electricity for Saudi Arabia.

Acwa consortium seals financial close for $2 3bn Saudi PV plant

Acwa Power, a leading Saudi utility project developer and a leader in energy transition, has announced that its consortium has secured financial closure for the Al Shuaibah solar projects being developed in Jeddah at a total investment of $2.3 billion.

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