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Home » Finance » IFC Extends $240 Million Islamic Financing to ACWA Power for Renewable Projects in Uzbekistan
Finance

IFC Extends $240 Million Islamic Financing to ACWA Power for Renewable Projects in Uzbekistan

By Thomas KnightOctober 30, 20241 Min Read
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Credit: IFC
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The International Finance Corporation (IFC) has announced a $240 million Islamic Equity Bridge Loan (EBL) to ACWA Power, directed at expanding Uzbekistan's renewable energy infrastructure. This financing will fund the development and operation of two major projects: a 1 GW solar power plant and a 668 MW battery energy storage system (BESS), as well as

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ACWA Power Finance IFC Infrastructure Loan Solar Uzbekistan
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Previous ArticleElawan Energy Secures PPA with Cellnex for 200 MW of Renewable Power
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