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ACWA POWER Co. announces the signing of the financing documents for 200MW PV and 500MWh Battery Storage Riverside Tashkent Power Plant in Tashkent region, Uzbekistan.
| Element List | Explanation |
|---|---|
| Introduction | ACWA POWER Co. announces. the signing of the financing documents for the 200MW PV and 500MWh Battery Storage Riverside Tashkent Power Plant in Tashkent region, Uzbekistan. The total investment amount is SAR 2 billion. ACWA Power Riverside Solar Holding Company signs the financing agreements as the project company, where ACWA Power’s effective shareholding is 100%. |
| Date of obtaining the funding | 2024-07-01 Corresponding to 1445-12-25 |
| Financing entity | A consortium of Development Finance Institutions, Funds and International Commercial Lenders (EBRD, Proparco, DEG, IsDB, Standard Chartered Bank and KfW-IPEX Bank) |
| Financing amount. | SAR 1.4 billion |
| Financing duration. | Approximately 19 years. |
| Guarantees offered for the financing | For ACWA Power, limited to its equity bridge loan, standby equity. |
| Financing objective | Development, finance, design, construct and operate the plant. |
| Related Parties | None |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Company Performance
Key Parameters
Last Price 220.0
Net Change -3.5 (-1.57%)
Value Traded (Sar) 94,996,792.9
Volume Traded 428,999
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