SHUAA Energy 3

DEWA 5 Mohammed Bin Rashid Al-Maktoum Solar Park Phase 5 - TL

Borrower (s)
SHUAA Energy 3
Industry
Power/PV solar
Area of finance
Project & Infrastructure Finance
Country
United Arab Emirates

Deal Overview

ACWA Power and the Gulf Investment Corporation (GIC) are closing the long-dated soft mini-perm for the Dubai Electricity Water Authority (DEWA) V solar PV project in Dubai. The 900 MW DEWA V project, is the fifth phase of the 5GW Mohammed Bin Rashid Al-Maktoum solar park.

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ACWA Power and the Gulf Investment Corporation (GIC) are closing the long-dated soft mini-perm for the Dubai Electricity Water Authority (DEWA) V solar PV project in Dubai. The 900 MW DEWA V project, is the fifth phase of the 5GW Mohammed Bin Rashid Al-Maktoum solar park.

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Deal Volume
$ 440m
Financial Close
17 August 2020
Sources

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Tranches


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Projects

DEWA 5 Mohammed Bin Rashid Al-Maktoum Solar Park Phase 5

Greenfield
PV solar
United Arab Emirates
$ 570m