| Investor #43568 | Version 21850 | Version 28662 |
|---|---|---|
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
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) | 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).
In 2016, it acquired 100% of the shares (2025). |
Data sources | ||
Involvements | ||
Involvement #A1CDdnN0 | ||
| Ownership share | 51.00 % | 100.00 % |
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 | ||