ACWA closes $319m financing for Sakaka solar project

In:

Renewables

Region:

Middle East & Africa

Sakaka Solar Energy Company (SSEC) - owned by ACWA Power (70%) and AlGihaz (30%) - has closed the SAR1.2 billion ($319 million) limited recourse project financing of the 300MW Sakaka solar project in Al Jouf, Saudi Arabia. Natixis has underwritten the debt with Arab National...

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