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Paddy Padmanathan

Finance secured for 500 MW Omani project despite Covid-19 disruption

Saudi energy company Acwa Power announces $275 million has been borrowed for a project which is due to start supplying electricity to the national utility this year under a 15-year power supply deal.

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ACWA Power plans 3.6 GW of new fossil fuel capacity in Bangladesh

Renewables may be making encouraging advances in the south Asian nation but the natural gas infrastructure deal announced today by the Saudi power company at a stroke eclipses the 375 MW of solar capacity in Bangladesh and its 609 MW development pipeline.

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