Financial close for Shuaibah 3 IWP and IWPP refinancing

ACWA Power has reached financial close for the Shuaibah 3 IWP Project with a total investment cost of $821 million. The project is a joint venture between ACWA and Water and Electricity Holding Company (Badeel), with ACWA Power holding a 68% equity stake. The JV will design, build, finance,...