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Perspective
18 December 2013

ACWA Power secures Islamic loan

Region:
Middle East & Africa
Mayur Pande
Mayur Pande
Analyst
Saudi Arabian-based water and power project developer, ACWA Power, has secured a SR1.77 billion Islamic loan from four local banks. The funds will be used to help finance investments including acquisitions and act as a bridge to a sukuk issue in 2014.

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