Masdar, GD Power and Korea Electric Power Corp. (Kepco) have reached financial close on the 2 GW Al Sadawi solar project in Saudi Arabia. The financing includes $1. 1 billion from eight regional and international banks. A consortium of UAE-based Masdar, China's GD Power and Kepco have reached financial close on the 2 GW Al Sadawi solar project. The project in the Eastern province of Saudi Arabia will be developed on a build, own and operate basis. A 25-year power purchase agreement (PPA) signed with Saudi Power Procurement Co. (SPPC) is in place. Secured project financing facilities include approximately ...Den vollständigen Artikel lesen ...
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