Khalladi Wind Project #43568

Created at

2021-06-11

Last update

2021-06-14

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)