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Home » Finance » ACWA Power Secures USD 238 Million Financing for 240-MW Wind Project in Azerbaijan
Finance

ACWA Power Secures USD 238 Million Financing for 240-MW Wind Project in Azerbaijan

By James RichardNovember 16, 20241 Min Read
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Saudi renewables developer ACWA Power has finalized a USD 238 million debt financing deal for its 240-MW Absheron-Khizi wind project in Azerbaijan. Announced at the COP29 climate conference in Baku, the deal includes senior debt facilities from the European Bank for Reconstruction and Development (EBRD) and the OPEC Fund for International Development, along with a

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