Perspective
19 November 2018
Sakaka: Cash in sand
In:
Renewables
Region:
Middle East & Africa
Saudi Arabia has reached financial close on its first solar utility-scale project – the 300MW Sakaka solar PV plant. The soft miniperm financing is being put forward as a template for pure commercial bank project funding under the Vision 2030 programme. But at the moment just one bank is underwriting the whole deal.
