DEWA IV reaches full financial close

In:

Renewables

Region:

Middle East & Africa

By Max Thompson

Sponsors of the DEWA IV 700MW concentrated solar power (CSP) project in Dubai – DEWA (51%), ACWA Power (24.99%) and Silk Road Fund (24.01%) – reached full financial close last month on the soft miniperm debt backing the scheme. The $4.36 billion project, which is the fourth phase of...

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