Perspective
23 May 2017
Sweihan PV: Taking the soft option
Region:
Middle East & Africa
Despite being a pathfinder project for Abu Dhabi and reliant for its cashflow on a PPA priced at one of the lowest ever tariffs for a utility-scale PV project, the financing for the Sweihan PV project did not need ECA support. Instead, the sponsors opted for a soft miniperm at a very competitive price.
