News
20 March 2020

Ibri II solar project financing closes

In:
Renewables
Region:
Middle East & Africa

An ACWA Power-led consortium - comprising Kuwait's GIC (40%) and Alternative Energy Projects (10%) - closed on a $275 million DFI-backed loan to finance development of the 500MW Ibri II solar PV project in Oman on 19 March. The scheme marks the first utility-scale PV in the Sultanate. The...

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