ACWA Power Gets $344m Loan For Dubai Solar Energy Project

Saudi Arabia’s ACWA Power is obtaining a loan of about $344 million from three banks to finance a solar energy project in Dubai, chief executive Paddy Padmanathan said on Sunday.   The 27-year amortising loan with an interest rate of four per cent is being provided by Abu Dhabi’s First Gulf Bank and two Saudi … Continue reading ACWA Power Gets $344m Loan For Dubai Solar Energy Project

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Uruguayan, Brazilian presidents attend opening ceremony of Wind Farm

Uruguay’s President Jose Mujica (R) and his Brazilian counterpart Dilma Rousseff attend the opening ceremony of the Wind Farm, in Colonia department, 165 km from Montevideo, capital of Uruguay, on Feb. 28, 2015. The Wind Farm is a joint venture between the National Administrations of Power Plants and Electrical Transmissions of Uruguay and the Brazilian … Continue reading Uruguayan, Brazilian presidents attend opening ceremony of Wind Farm

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