China Muscles In on Middle East Renewables With Alcazar Deal
- Date: 23-Aug-2021
- Source: Yahoo News
- Sector:Economy
- Country:Middle East
China Muscles In on Middle East Renewables With Alcazar Deal
(Bloomberg) --
China is making one of its biggest pushes yet into Middle Eastern renewable energy.
A group led by state power firm China Three Gorges Corp. is buying Alcazar Energy Partners, a Dubai-based wind and solar developer. The announcement on Monday confirmed a Bloomberg News report last week.