Shuaa Energy 4

1.8GW Mohammed bin Rashid Al Maktoum Solar Park Phase 6 Project - Financing

Borrower(s)
Shuaa Energy 4
Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
Middle East
Middle East
Countries
United Arab Emirates

Deal Overview

Dubai Electricity and Water Authority (DEWA) and Masdar have reached financial close on phase 6 of the Mohammed bin Rashid Al Maktoum Solar Park (MBR). Masdar was selected as preferred bidder to build and operate the 1.8GW PV project which is costing up to AED5.5 billion ($1.5 billion). This phase...

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Deal Volume
$948.4m
Financial Close
15/02/2024
Dealmakers
Sources
Submitted by participant(s)

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Project Deals

1.8GW Mohammed bin Rashid Al Maktoum Solar Park Phase 6 Project
$1.5bn
Greenfield
PV solar
Middle East
Middle East
United Arab Emirates