Principal Buyer awards 4.5 GW of renewable energy projects valued at over SAR 9 bn
The batch includes some of the world’s lowest wind and solar levelized cost of energy on record
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The batch includes some of the world’s lowest wind and solar levelized cost of energy on record
Located in the Eastern Province, the project cost is estimated at around USD 1.1 bn
The plant is due to go online in 2027
The project is set to be Shanghai Electric’s largest EPC contract for a solar power project
The project is intended to develop utility infrastructure at its Amaala destination
The issuance was 4.6x oversubscribed.
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