News
30 October 2024

IFC finances 2 ACWA Power Uzbek renewable projects

In:
Power, Renewables
Region:
Asia-Pacific

ACWA Power has received a $240 million Islamic equity bridge loan for the development of projects in Uzbekistan's renewables sector.The financing is structured as a murabaha, comprising an A-Loan of up to $227.75 million and a $12.25 million trust loan through IFC's Managed Co-Lending...

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


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.

Perspective
27 February 2026

Al Dhafra: GCC solar bonds worth the wait

It is not the first solar project bond refinancing in the region, but it is the best-priced. Despite its development challenges, Al Dhafra shows what a strong revenue model...