Saudi's ACWA Power inks deals for wind farm scheme

The 120 MW wind farm in north Morocco is the first project to be developed by ACWA Power and ARIF under the Moroccan Renewable Energy Law

NEWS, MEP, ACWA Power ACWA, Morocco, RIF Investment Fund, Wind farm

A joint venture consisting of Saudi Arabia's ACWA Power has awarded contracts to contractors and suppliers for the construction of a wind farm in Morocco. 

ACWA Power Khalladi (formerly known as UPC Renewables) is 75% owned by ACWA Power - a developer, investor, co-owner and operator of power generation and desalinated water production plants, and 25% owned by the ARIF Investment Fund.

This 120 MW wind farm, located in Jbel Sendouq, Khalladi, in the north of Morocco, is the first project to be developed by ACWA Power and ARIF under the Moroccan Renewable Energy Law.

“This new wind energy project reinforces our positioning as a major player in the country’s renewable energy sector,” said Rajit Nanda, chief investment officer, ACWA Power. “Our investment in Morocco is for the long run and with our partner ARIF we will be contributing even further to the transformation of the energy sector Morocco is undergoing in alignment with its national strategy.”

Once operational, the Khalladi project, which has been under constructionm since November 2015, is expected to reach a peak of approximately 300 construction workers.

It will directly supply the industrial clients connected to the high voltage network.

 

 

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