ACWA Power signs $125m finance deal to fund its pipeline of future projects

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Tue, 2021-01-05 16:39

JEDDAH: ACWA Power, the Riyadh-headquartered developer and operator of power generation and desalinated water production plants, has signed a $125 million financing deal with the Arab Petroleum Investments Corporation (APICORP), it was announced on Monday.

The five-year Shariah-compliant corporate facility will be used by ACWA Power to develop its pipeline of future projects.

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