TAG: "Saudi Aramco Power Company"

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Saudi Arabia Signs Over USD 8 Billion PPAs for 15 GW Renewable Projects

Saudi Arabia has signed USD 8.3 billion worth of power purchase agreements for 15 GW of solar and wind projects, marking the world’s largest single-phase renewable energy commitment to date.

Saudi Aramco Power Company | July 16, 2025 | By EI News Network | 1394

ACWA Power and Partners Secure Financial Close on Solar Projects

Acwa Power, alongside Badeel and Saudi Aramco Power Co., has secured USD 3.2 billion in funding for solar projects in Saudi Arabia. The financing will support the Haden, Muwayh, and Al Khushaybi plants, with a total capacity of 5.5 GW, expected to begin commercial operations in Q1 2027.

Saudi Aramco Power Company | October 02, 2024 | By EI News Network | 1320

ACWA Power, PIF and Aramco to Reach Financial Close for Al Shuaibah 1 and 2 Solar Projects

ACWA Power, a Saudi-listed company, Badeel, wholly owned by Public Investment Fund (PIF), and Saudi Aramco Power Company (SAPCO), an entirely owned subsidiary of Aramco announces the successful financial close of Al Shuaibah 1 and Al Shuaibah 2 solar PV projects which will produce an aggregate capacity over 2.6GW of clean electricity for Saudi Arabia.

Saudi Aramco Power Company | August 22, 2023 | By EI News Network | 3338