Investor #43568 | Version 21832 | Version 21850 |
---|---|---|
General info | ||
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 | 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) |
Data sources | ||
Involvements | ||
Involvement #A1CDdnN0 | ||
Ownership share | 26.01 % | 51.00 % |
Involvement #djOIkUm0 | ||
Role | Parent company | |
Comment | Through its Argan Infrastructure Fund (ARIF), which is a twelve-year investment fund, dedicated to infrastructure assets in North Africa and Sub-Saharan Africa. | |
Ownership share | 25.00 % | |
Investment type | Shares/Equity | |
Investor | ||
Involvement #ccaB5zpq | ||
Role | Parent company | |
Comment | https://acwapower.com/en/newsroom/press-releases/latest-news/acwa-power-khalladi-opens-its-capital-to-saham-assurances-a-new-institutional-partner-in-morocco/ | |
Ownership share | 24.00 % | |
Investment type | Shares/Equity | |
Investor | ||
Involvement #Lwfv9tGj | ||
Role | Tertiary investor/lender | |
Investment type | Debt financing | |
Investor | ||
Involvement #yVJdScmc | ||
Role | Tertiary investor/lender | |
Investment type | Debt financing | |
Investor | ||
Involvement #GR8YRPcZ | ||
Role | Tertiary investor/lender | |
Investment type | Debt financing | |
Investor |