News
28 November 2025

ACWA closes $1.45bn wind financing

In:
Renewables
Region:
Middle East & Africa

ACWA Power Company has reached financial close on two major wind power projects in central Saudi Arabia, securing 5.44 billion Saudi riyals ($1.45 billion) in financing. The Starah and Shaqra wind plants will have production capacities of 2,000MW and 1,000MW, respectively, and are being developed by...

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...