News
19 February 2024

ACWA meets conditions precedent for $2.3bn drawdown

In:
Renewables
Region:
Middle East & Africa

ACWA Power has announced that the 2GW Ar Raas 2, 1.125GW Saad 2 and 1.4GW Al Kahfah solar projects have satisfied the conditions precedent for drawdown of their senior loans.The projects are located in the central and northern regions of Saudi Arabia and will generate an aggregate 4.55GW of solar...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
23 January 2026

Exile Group partners with Bridgepoint to support next level...

Exile Group welcomes Bridgepoint, a leading mid-market investor, which will take a minority interest in the leading provider of events and intelligence for the export, trade,...

Perspective
31 January 2026

Ilute Solar: DFIs support an African merchant pioneer

Zambia’s Ilute solar project reached financial close without a sovereign guarantee, using a layered capital structure to absorb merchant price risk. It provides a template for...