DEWA V reaches financial close

In:

Renewables

Region:

Middle East & Africa

By Thomas Hopkins

ACWA Power and Gulf Investment Corporation (GIC) have reached financial close on the $570 million Dubai Electricity Water Authority (DEWA) V solar PV project in Dubai, the fifth phase of the 5GW Mohammed Bin Rashid Al-Maktoum (MBR) solar park.The deal is made up of a $440 million soft mini-perm...

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