Browsing Tag
Saudi Tabreed
2 posts
ACWA Power starts $1.84bn Red Sea utilities system under 25-year concession
ACWA Power’s consortium has reached commercial operation at The Red Sea’s approximately $1.84 billion integrated utilities system, starting a 25-year concession built around 340MWac of solar generation, 1,227MWh of battery storage and off-grid power, water, cooling and waste infrastructure.
PIF acquires 30% stake in cooling system developer Saudi Tabreed
The Public Investment Fund (PIF), a sovereign wealth fund of Saudi Arabia, has acquired a 30% interest in…