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Dewa refinances Noor Energy 1 for USD 2.7 bn as the world’s biggest CSP plant trades construction risk for cheaper money
The new loan replaces the debt that built the plant, which it borrowed back in 2019 when it was still…
More moves abroad from XRG, Emaar, PureHealth, and Masdar
The stake buys XRG into the main route carrying Azerbaijani gas into Europe
New private credit fund on the block, solar plant in RAK, fundraise for Synapse, and another law firm lands in Abu Dhabi
Zamanat is targeting a USD 100 mn fund to address the SME financing shortfall
War-driven shipping disruptions are strangling UAE solar imports
Local manufacturing is scaling up, but the UAE still imports the vast majority of what it needs to hit its…
Abu Dhabi’s ePointZero to acquire 90% of pan-African power producer Azura Power
The acquisition marks ePointZero’s fourth cross-border energy agreement since November
Masdar scraps green hydrogen project
Masdar scraps plans to build a 100 MW green hydrogen electrolyzer for Emsteel even after bidders submitted their offers
GSU completes Central African Republic’s largest infrastructure build, Mubadala raises stake in Aldar, Space42 taps Leonardo DRS
The 50 MW solar plant will lift the country’s power generation capacity by over 60%
Financial close reached for Masdar’s 24/7 renewable energy facility
Masdar will contribute USD 1 bn in equity
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