Chair Cleveland, Chair Glas, and members of the Commission, thank you for inviting me to testify before the Commission. I appreciate the opportunity to appear before you today to testify about the d…
Saudi energy firm ACWA Power recently announced its attainment of a 3-year renewable credit facility agreement with China Construction Bank. This agreement enables Aqua Power to obtain credit facilities worth $100 million. According to released information, the agreement will be utilized to support ACWA Power's strategic plans, particularly the expansion of its portfolio of power generation and water desalination projects in the Middle East region and countries participating in the Belt and Road Initiative.
Dubai, United Arab Emirates ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination, and green hydrogen plants
ACWA Power secures $100m credit facility from Chinese bank to scale up operations arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
From the gleaming Lusail Stadium in Qatar, an 80,000-seat venue for the World Cup, to the Mohammed VI Bridge in Morocco, the Belt and Road cooperation between China and Arab countries has been in full swing since the initiative was proposed in 2013.