News
18 September 2024

Al Ajban solar PV project reaches financial close

In:
Renewables
Region:
Middle East & Africa

Financial close has been reached on the 1.5GW Al Ajban solar PV project in Abu Dhabi.The project company, owned by EDF Renewables and Korea Western Power with a 20% stake each as lead members, and Masdar as local shareholder with a 60% stake, signed a 30-year PPA with the Emirates Water and...

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


Analysis
17 February 2026

Battery bonds: Financing Brazil’s manufacturing transition

Existing financing tools are not powerful enough to support the development of projects integrated into electrification’s complex supply chains. Brazil is encouraging the...

Video
23 February 2026

Blue Energy: A novel take on SMR bankability

Proximo talks nuclear plant prefabrication, and lessons learnt from LNG and offshore wind, on the road to unlocking project finance for SMRs.