China’s Silk Road Fund To Invest In Saudi Power Generation Plant ACWA Power
ACWA Power, a Saudi developer, owner, and operator of power generation and water desalination plants, has announced that China’s Silk Road Fund will acquire a 24.01% equity interest in the 700MW DEWA Concentrated Solar Power (“CSP”) project in the United Arab Emirates.
The project will be jointly invested and developed by Dubai Electricity and Water Authority (DEWA), Silk Road Fund, and ACWA Power.
Published in China Money Network, 26th July, 2018
China’s Silk Road Fund To Invest In Saudi Power Generation Plant ACWA Power