Skip to content

Standard Chartered

ACWA closes financing of 900 MW fifth phase of giant solar field

The Saudi power company has named the lenders which will finance the latest stage of the gargantuan, 5 GW Mohammed bin Rashid Al Maktoum Solar Park, for an estimated $564 million.

2

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.

2

Banks turn their back on coal amid emissions concerns

While global coal mining companies are enjoying the highest prices in years on the back of boosted Asian demand, banks and financiers are increasingly ending their support for coal power. London-based Standard Chartered the latest to stop financing new coal-fired stations.

1

This website uses cookies to anonymously count visitor numbers. View our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close