ACWA, itself 50% owned by the Saudi sovereign wealth fund, said it had reached financial close with lenders on the 1, 500 megawatt project. Saudi Arabia has been slow to move away from fossil fuels in favour of clean energy....
— BloombergSaudi Aramco is looking to spend on renewable energy projects alongside the sovereign investor, the Public Investment Fund, as global economies seek to transition to greener energy....
Bank Al Bilad, Saudi British Bank and SMBC International Plc will provide
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2021-08-16 00:00:00.0