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EDF Renewables - Jinko Power consortium reaches the financial closing of the world's largest solar project and launches its construction in Abu Dhabi


EDF Renewables - Jinko Power consortium reaches the financial closing of the world s largest solar project and launches its construction in Abu Dhabi
EDF Renewables and Chinese
Jinko Power HK, subsidiary of Jinko Power Technology Co. Ltd, both global leaders in renewable energy, have successfully reached the financial closing for the 2 GW Al Dhafra PV2 solar project in Abu Dhabi, United Arab Emirates. This operation has been completed along with TAQA Group and Masdar, the Abu Dhabi-based shareholders and major players in the electricity and renewable sectors.
The approximately 1 billion USD transaction has been funded via project financing with BNP Paribas as bookrunner together with Bank of China, Crédit Agricole, HSBC, MUFG, Sumitomo Mitsui Banking Corporation and Standard Chartered, as mandated lead arrangers. ....

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