Khalladi Wind Project #43568

Created at
2021-06-11
Last update
2024-09-13

General info

Name
Khalladi Wind Project
Country of registration/origin
Morocco
Classification
Private company
Comment
The original Project Developer, UPC, sold its share in 2019 (http://dailymorocco.com/the-american-upc-renewables-leaves-morocco/). In 2014, ACWA Power acquired a share in the Khalladi Wind Farm project and has since sought funding support from the European Bank for Reconstruction and Development This entirely privately funded investment was financed with equity from ACWA Power and ARIF and long tenor debt, from the European Bank for Reconstruction and Development (EBRD) in collaboration with the Clean Technology Fund (CTF), and the Moroccan BMCE Bank of Africa (BMCE) (https://www.climateinvestmentfunds.org/news/acwa-power-inaugurates-120mw-khalladi-windfarm-morocco)