ACWA Power wind turbine
ACWA Power Co.signed on Dec. 30 financing agreements for the development, construction, operation and maintenance of a 1,100-megawatt wind power plant in Suez Governorate, Egypt. The project, valued at SAR 2.64 million, will be financed over a period of 20 years.
In a statement to Tadawul, the company pointed out that the investment cost is estimated at SAR 4.13 billion, with the company holding a 70% stake.
ACWA Power wind turbine
ACWA Power Co.signed on Dec. 30 financing agreements for the development, construction, operation and maintenance of a 1,100-megawatt wind power plant in Suez Governorate, Egypt. The project, valued at SAR 2.64 million, will be financed over a period of 20 years.
In a statement to Tadawul, the company pointed out that the investment cost is estimated at SAR 4.13 billion, with the company holding a 70% stake.

