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Infrastructure finance case study: Enhancing renewable energy development in the Middle East
Constructing Oman’s first and largest utility scale renewable energy project
The Asset 14 Sep 2021

 

With an aim to encourage renewable energy development in the Middle East, special purpose vehicle borrower Shams Ad-Dhahira Generating Company alongside with its sponsors ACWA Power, the Gulf Investment Corporation and Alternative Energy Projects got together to construct a 500 mega-watt solar photovoltaics power plant in Ibri, Oman.

The Shams Ad-Dhahira Generating Company US$400 million Ibri II solar PV independent power plant (Oman) wins Middle East Deal of Year at The Asset Triple A Infrastructure Awards 2021. For the full list of Deals of the Year – Global please go here.

For more information about the awards please click here

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