Ewec taps Taqa to lead on 2.5 GW Taweelah project, WTW plants deeper roots in Dubai, Al Ansari expands Omani footprint
Ewec awarded the contract to Taqa, as well as a consortium made up of Saudi’s Al Jomaih Energy and Water…
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Ewec awarded the contract to Taqa, as well as a consortium made up of Saudi’s Al Jomaih Energy and Water…
Roughly 85% of the cost is funded by syndicated debt
Roughly 85% of the cost is funded by syndicated debt
Taqa and Dubal will purchase EGA’s power and water assets in Al Taweelah for USD 1.9 bn
Plus: Dubai is getting a new car trading hub
The plant has a total output capacity of 2.4 GW.
The project is expected to reach financial close by the end of 4Q this year.
Contract awarding and power purchase agreement scheduled for 4Q.
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