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Qatari firm acquires 9.9 per cent stake in Amin solar PV project


Qatari firm acquires 9.9 per cent stake in Amin solar PV project
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Qatar-based energy investments firm Nebras Power QPSC has announced that it has completed the acquisition of a 9.9 per cent equity stake in Amin Renewable Energy Company (AREC) in Oman, which is the owner of Project Amin.
The transaction is a continuation of Nebras’s strategy implementation to enhance its asset base through attractive PPA opportunities and expands its presence in the Omani power market.
Project Amin is currently under construction and it is targeted to achieve its early generation in late December 2019. Once the project is fully operational in May 2020, the facility will have a power generational capacity of up to 105 MWac and will sell the generated power to Petroleum Development Oman LLC through a 23 years Power Purchase Agreement. ....

Ad Daw Ah , Sultanate Of Oman , Eng Khalidm Jolo , Hamad Al Mohannadi , Amin Renewable Energy Company , Water Company , Qatar Holding , Petroleum Development Oman , Nebras Power , Power Purchase , Eng Fahad , Project Amin , Qatar Electricity , சுல்தானேட் ஆஃப் ஓமான் , அமின் புதுப்பிக்கத்தக்க ஆற்றல் நிறுவனம் , தண்ணீர் நிறுவனம் , கத்தார் வைத்திருத்தல் , பெட்ரோலியம் வளர்ச்சி ஓமான் , நெப்ராஸ் பவர் , பவர் கொள்முதல் , ப்ராஜெக்ட் அமின் , கத்தார் மின்சாரம் ,