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Oman PV Power Plant Announces Financial Closure (Int'l. Report)
ACWA Power
Date: 2020-03-27
In Riyadh, Saudi Arabia's ACWA Power reports its partners GIC and AEPC have achieved financial closure for the 500 MW solar PV Independent Power Project (IPP) at Ibri in the Sultanate of Oman.

The $400 million, 500 MWac Ibri II solar project is an Independent Power Project (IPP) and Oman's largest utility-scale solar PV Independent Power Project to date. The project, to be developed on a 15-year BOO (build, own, operate) contract basis, and will generate sufficient power for 33,000 homes. (Source: ACWA Power, Const. Bus. News, 24 Mar.,2020) Contact: ACWA Power, Paddy Padmanathan, CEO, +966 11 2835555, +966 11 2835500 - fax., twitter.com/acwapower, www.acwapower.com

More Low-Carbon Energy News ACWA Power,  PV,  Oman PV,  Solar,  

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