01 March 2023

Financing agreement signed for $8.5bn NEOM Green Hydrogen project

Middle East & Africa

ACWA Power has signed financing agreements for a total investment of $8.5 billion for the NEOM Green Hydrogen Project (NGHP).The project entails the setting up and operation of a green hydrogen and green ammonia facility in the NEOM region of Saudi Arabia that is expected to be commissioned in 2026....

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