Home Middle East & Africa

Middle East & Africa

ACWA POWER’S MAIDEN 144A-REGS ACWA 39 BOND SECURES INVESTMENT GRADE (BBB-) RATING FROM FITCH

Summary Riyadh, Kingdom of Saudi Arabia: ACWA Power Investment & Management One Ltd. (“APMI One”) as the issuer is pleased to announce that Fitch Ratings (“Fitch”) has assigned the 814 MUSD 5.95% p.a. senior secured Bonds due 2039 (“ACWA 39”) a ‘BBB-‘ rating with a ‘Stable’ outlook. The Bond, issued in May 2017 by ACWA Power’s […]

SCOTS CROWDFUND £11.3M FOR SOLAR ENERGY PROJECTS IN AFRICA

London: A platform that crowdfunds finance for clean energy projects in Africa has been boosted by investments from over 200 people in Scotland, as enthusiasm for climate solutions ramps up ahead of the UN Climate Change Conference (COP26) in Glasgow later this year. The main goal of the platform, called Energise Africa, is to support solar energy resources in sub-Saharan Africa and improve […]

One step closer to clean energy for 30 million people in Africa

Africa’s first regional PPP hydropower project reaches key milestone Finance Minister signs grant agreement with European Investment Bank in Bujumbura EUR 9 million European support unlocks final preparatory works for Ruzizi III hydro project Follows 10 years of EIB and EU financial support for preparation of 147MW hydropower scheme Project backed by Burundi, Rwanda, DRC […]
Open chat