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EDF and Masdar Secure $1.5 Billion Financing for Renewable Energy Facility at Amaala Resort

By 2 Mins Read
Credit: Masdar

A consortium led by electric utility EDF and clean energy company Masdar has achieved financial close on a multi-utilities infrastructure facility valued at USD 1.5 billion (EUR 1.37 billion) for the Amaala luxury resort in Saudi Arabia, which will be powered entirely by renewable energy. The financial close was supported by a mix of local

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