News
30 October 2025

ACWA Power closes $5.9bn solar financing

In:
Renewables
Region:
Middle East & Africa

ACWA Power has signed financing agreements totalling $5.9 billion for five solar plants with a combined capacity of 12GW in Saudi Arabia. The deals see Badeel, a subsidiary of the Public Investment Fund, and Saudi Aramco partnering with ACWA Power. The Afif1(2GW), Afif2 (2GW), Humaij (3GW),...

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