{"id":74106,"date":"2022-09-27T02:00:05","date_gmt":"2022-09-27T02:00:05","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2022\/09\/27\/omans-liwa-solar-project-gains-equity-investor-interest\/"},"modified":"2022-09-27T02:00:05","modified_gmt":"2022-09-27T02:00:05","slug":"omans-liwa-solar-project-gains-equity-investor-interest","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2022\/09\/27\/omans-liwa-solar-project-gains-equity-investor-interest\/","title":{"rendered":"Oman\u2019s Liwa solar project gains equity investor interest"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>OQ Group <\/strong><strong>wants to sell a stake in 100-MW solar plant<\/strong><strong>:<\/strong> Omani energy company <a href=\"https:\/\/oq.com\/en\">OQ Group<\/a> plans to sell an equity stake in its planned 100-MW Liwa solar project, the company said in its <a href=\"https:\/\/ent.news\/2022\/9\/920.pdf\">2021 Sustainability Report (pdf)<\/a> published Sunday. While the company has not disclosed an estimated price tag for the sale, the potential transaction has garnered interest from investors, the report notes. The OQ Group will settle on an investor and a price by 2023.<\/p>\n<p><strong>Expect bidding to start later this year: <\/strong>The tender for the engineering, procurement and construction (EPC) contract is being prepared and will likely go live before the end of the year, the report said. OQ Group\u2019s Block 60 Bisat solar power plant, which is powered by a combination of solar panels and traditional electricity grid power, is expected to launch in 2022.<\/p>\n<p><strong>OTHER RENEWABLES NEWS-<\/strong><\/p>\n<ul>\n<li><strong>Bahrain-based utility company Pavilion Group signed a power purchase <\/strong><strong>agreement with <\/strong><strong><a href=\"http:\/\/www.mtq.com.sg\/bahrain.html\">MTQ<\/a><\/strong>, the Singapore-based oilfield engineering firm, that will see Pavilion produce some 19.9 GWh of electricity from renewable sources to power MTQ\u2019s oil rigs in Bahrain. (<a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/pavilion-and-mtq-sign-ppa-to-generate-199-gwh-of-clean-energy-jh8nq42n\">Statement<\/a>)<\/li>\n<\/ul>\n<ul>\n<li><strong><a href=\"https:\/\/alj.com\/en\/\">Abdul Latif Jameel Energy<\/a><\/strong><strong>\u2019s Fotowatio Renewable Ventures (<\/strong><strong><a href=\"https:\/\/frv.com\/en\/\">FRV<\/a><\/strong><strong>)<\/strong><strong> reached <\/strong><strong>financial close on a EUR 81 mn, 123 MWp PV plant in Spain.<\/strong> <a href=\"https:\/\/www.mufg.jp\/english\/index.html\">Mitsubishi UFJ Financial Group<\/a>, Dutch <a href=\"https:\/\/www.ing.com\/Home.htm\">ING<\/a> and <a href=\"https:\/\/www.santandercib.com\/\">Santander Corporate and Investment Banking<\/a> are providing finance. A power purchase agreement for the plant\u2019s output is in place; FRV expects the first component of the planet will be operational by 2023. (<a href=\"https:\/\/alj.com\/en\/news\/abdul-latif-jameel-energys-frv-to-build-new-solar-plant-in-spain-supplying-over-90000-homes-with-clean-energy\/\">Statement<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>OQ Group wants to sell a stake in 100-MW solar plant: Omani energy company OQ Group plans to sell an equity stake in its planned 100-MW Liwa solar project, the company said in its 2021 Sustainability Report (pdf) published Sunday. While the company has not disclosed an estimated price tag for the sale, the potential [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":74107,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[104],"tags":[515,82,11,938,92,936,937,88,94,42,453],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-74106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-renewables","tag-abdul-latif-jameel","tag-bahrain","tag-enterpriseclimate","tag-mtq","tag-oman","tag-oq-group","tag-pavilion-group","tag-renewables","tag-solar","tag-solar-energy","tag-spain","wpautop","entry"],"acf":{"mongo_id":"68166f17-ba55-41af-a2b5-296c7d7e381c","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/9\/5326.jpg","photo_position":"above","related_issue":[74100],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Oman\u2019s Liwa solar project gains equity investor interest - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2022\/09\/27\/omans-liwa-solar-project-gains-equity-investor-interest\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oman\u2019s Liwa solar project gains equity investor interest\" \/>\n<meta property=\"og:description\" content=\"OQ Group wants to sell a stake in 100-MW solar plant: Omani energy company OQ Group plans to sell an equity stake in its planned 100-MW Liwa solar project, the company said in its 2021 Sustainability Report (pdf) published Sunday. While the company has not disclosed an estimated price tag for the sale, the potential [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2022\/09\/27\/omans-liwa-solar-project-gains-equity-investor-interest\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-27T02:00:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/5326.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/09\/27\/omans-liwa-solar-project-gains-equity-investor-interest\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/09\/27\/omans-liwa-solar-project-gains-equity-investor-interest\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Oman\u2019s Liwa solar project gains equity investor interest\",\"datePublished\":\"2022-09-27T02:00:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/09\/27\/omans-liwa-solar-project-gains-equity-investor-interest\/\"},\"wordCount\":247,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/09\/27\/omans-liwa-solar-project-gains-equity-investor-interest\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/9\/5326.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Abdul Latif Jameel\",\"Bahrain\",\"EnterpriseClimate\",\"MTQ\",\"Oman\",\"OQ Group\",\"Pavilion Group\",\"renewables\",\"SOLAR\",\"solar energy\",\"Spain\"],\"articleSection\":[\"RENEWABLES\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/09\/27\/omans-liwa-solar-project-gains-equity-investor-interest\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/2022\/09\/27\/omans-liwa-solar-project-gains-equity-investor-interest\/\",\"name\":\"Oman\u2019s Liwa solar project gains equity investor interest - 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