Foundation Stone Laid for ACWA Power Wind Power Project in Azerbaijan

Foundation Stone Laid for ACWA Power Wind Power Project in Azerbaijan

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Gulf
  • Date: 14-Jan-2022
  • Source: Asharq AL-awsat
  • Sector: Real Estate
  • Country: Gulf
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Foundation Stone Laid for ACWA Power Wind Power Project in Azerbaijan

Saudi Energy Minister Prince Abdulaziz bin Salman and Azerbaijan’s President Aliyev after laying of the foundation stone for a wind power plant on Jan.13, 2022. (Asharq Al-Awsat)

The Azerbaijani Ministry of Energy and ACWA Power held a groundbreaking ceremony for a 240 MW wind power plant with an investment value of SAR 1.125 billion ($300 million) on Thursday.

This came signing deals on power purchase, investment and transfer agreementsm according to an independent power generation project model.

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