UAE’s TAQA, EWEC, alongside France’s ENGIE, have announced the successful financial closing of the AED 2.3 billion ($620 million) low carbon Mirfa 2 Reverse Osmosis (M2 RO) desalination project. The project is primarily funded (78%) through debt financing from both local and international banks, including Abu Dhabi Islamic Bank (ADIB), BNP Paribas Fortis SA/NV, Sumitomo […]
EWEC
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ACWA Power, EWEC announce the start of operations for the first phase of Al Taweelah IWP
ACWA Power is the lead developer and operator of the project and a 40% shareholder, with the remaining 60% is contributed by the Government of Abu Dhabi
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EWEC to conduct auction for Clean Energy Certificates in Abu Dhabi
EWEC’s clean energy certificate auction will be conducted on 14 June 2022, following three previous successful auctions