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UAE, Turkey ink AED 18 bn currency swap
Plus: Masdar completes acquisition of 50% stake in solar portfolio from Endesa
ADFD provides financing for GSU’s Uzbekistan acquisition
Plus: Upfront raises USD 12 mn to scale hiring and expand into Saudi Arabia
Abu Dhabi’s GSU inaugurates Chad’s first large-scale solar plant
The 50 MW project is designed to supply clean energy to an estimated 274k homes.
Masdar-led consortium to build USD 400 mn solar plant in Oman
The 500 MW solar facility is scheduled to come online in 1Q 2027.
GSU set to expand two solar power plants in Yemen
Plus: Australia’s Toll Group breaks ground on Dubai South hub
Masdar-led solar project in KSA reaches financial close
Located in Saudi’s Eastern Province, the project cost is estimated at around USD 1.1 bn.
THIS MORNING: Guinea transfers EGA’s concession to state-backed firm + Dubai Investments to IPO one of its subsidiaries this year
Plus: Masdar in line for a stake in Inerdrola’s solar portfolio in Spain
Global South Utilities plans 250 MW renewables projects in Madagascar
Plus: New feeder funds + sukuk fund in DIFC
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