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English news

24-Dec-2019

Acwa Power plans to financially close its 200MW Kom Ombo plant in 1Q20

Acwa Power is planning to financially close its 200MW Kom Ombo solar power plant, worth USD200mn, in 1Q20. The plant is being financed by unnamed international funders and is expected to be launched before the end of 2020. It is worth noting that Acwa Power has signed a power purchase agreement with the Egyptian Electricity Transmission Company (EETC) earlier this year.  
 
 

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