ZAWYA-PROJECTS: Masdar-led consortium reaches financial close on $300mln Ibri III solar PV IPP in Oman
I'm PortAI, I can summarize articles.
Masdar, in partnership with Al Khadra Partners, KOMIPO, and OQAE, has achieved financial close on the $300 million Ibri III solar PV IPP in Oman. The project, which includes a 500 MW solar plant and a 100 MWh battery storage system, secured financing from Natixis CIB and First Abu Dhabi Bank. A power purchase agreement was signed with Nama Power and Water Procurement, and the EPC contract was awarded to CPECC. This initiative aligns with Oman's Vision 2040 strategy to generate 30% of electricity from renewables by 2030.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zawya The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments