Mohammed bin Rashid Al Maktoum Solar Park Phase 3 (Shuaa 2-Dewa 3)

Mohammed bin Rashid Al Maktoum Solar Park Phase 3 (Shuaa 2-Dewa 3)

Project Type
Greenfield
Sector
Renewables/PV solar
Project Stage
Start of operations
Region
Middle East
Middle East
Country
United Arab Emirates

Project Overview

Project cost
$13.6bn
Financial Stage
Financial close

Ownerships

Date: 15 Jul 2016
Company Percentage
EDF Renewables 16.00 %
Masdar Energy 24.00 %
Dubai Electricity and Water Authority (DEWA) 60.00 %

Project Deals

Shuaa Energy 2 - Mohammed bin Rashid Solar Park - Term Loan
$654.9m
Jun 2017
Project & Infrastructure Finance
Thermo solar
Middle East
Middle East
United Arab Emirates
800MW Shuaa Energy 2 - Rashid Al Maktoum Solar Park - Refinancing
$690m
Jul 2022
Project & Infrastructure Finance
PV solar
Middle East
Middle East
United Arab Emirates