Tuesday 4 August 2015
 
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ACWA Power

Saudi’s Acwa acquires Turkish energy firm

Saudi Arabia’s energy firm Acwa Power has acquired Turkish energy firm Ventis Enerji for TL25.3 million ($9.1 million), a report said. The Turkish company is run by Ahmet Münir Gül, the oldest son of former Preside

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Saudi’s Acwa acquires Turkish energy firm

Saudi Arabia’s energy firm Acwa Power has acquired Turkish energy firm Ventis Enerji for TL25.3 million ($9.1 million), a report said. The Turkish company is run by Ahmet Münir Gül, the oldest son of former Preside

More…

Acwa consortium inks Oman power project deal

Saudi-based Acwa Power, a leading water and power developer, owner and operator across 10 countries, has signed an agreement with Oman Power and Water Procurement Company (OPWP) for the development of the second phase of Salalah Independent Powe

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Acwa consortium inks Oman power project deal

Saudi-based Acwa Power, a leading water and power developer, owner and operator across 10 countries, has signed an agreement with Oman Power and Water Procurement Company (OPWP) for the development of the second phase of Salalah Independent Powe

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Acwa gets $344m loan for Dubai solar project

Saudi Arabia's Acwa Power is obtaining a loan of about $344 million from three banks to finance a solar energy project in Dubai, UAE, chief executive Paddy Padmanathan said on Sunday. The 27-year amortising loan with an intere

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Acwa gets $344m loan for Dubai solar project

Saudi Arabia's Acwa Power is obtaining a loan of about $344 million from three banks to finance a solar energy project in Dubai, UAE, chief executive Paddy Padmanathan said on Sunday. The 27-year amortising loan with an intere

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Acwa wins $2bn Morocco solar power plant deal

A consortium led by Saudi Arabia's Acwa Power International has won a 1.7 billion euro ($2 billion) contract to build two solar power plants totalling 350 megawatts in the southern Moroccan city of Ouarzazate, the Moroccan solar energy agenc

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Saudi's Acwa wins $2bn Morocco solar power deal

A consortium led by Saudi Arabia's Acwa Power International has won a 1.7 billion euro ($2 billion) contract to build two solar power plants totalling 350 megawatts in the southern Moroccan city of Ouarzazate, the Moroccan solar energy agenc

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Saudi ACWA wins $100m equity investment

International Finance Corporation (IFC), a unit of the World Bank, has completed a SR375 million ($100 million) equity investment in Saudi Arabia-based water and power project developer ACWA Power. The investment will boost the am

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IFC to inject $100m into Saudi's ACWA Power

International Finance Corp (IFC), a unit of the World Bank, said it will invest up to $100 million in Saudi Arabia-based water and power project developer ACWA Power to boost its funding for renewable energy schemes. The investmen

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