ACWA Power and HAU Energy Finalize Financing for Suez Wind Farm Project

Post Views: 291 Suez Wind Farm Project ACWA Power and HAU Energy secured financing for the 1.1GW Suez Wind Farm in Egypt. This project supports Egypt’s goal of 42% renewable energy by 2040. The Suez Wind Farm stands as the largest single-contracted wind farm in the Middle East.   Investment and Financing Details Achieved The Suez Wind Farm secured a USD 703.6 million debt facility. Global financial institutions provided this. These include the EBRD and AFDB. This facility supports the USD 1.2 billion investment. The wind farm will consist of 138 turbines. Each turbine has an 8MW capacity ...