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Renewables Sub-Saharan Africa
Teraco secures grid allocation for 120MW SA solar
South African digital infra company Teraco has secured its first grid capacity allocation from national utility Eskom, paving the way for construction of a $106 million, 120MW utility-scale solar PV facility in the Free State province of South Africa
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Power MENA
Rakiza finalises first Saudi acquisition in power company
Infrastructure fund Rakiza – co-managed by Oman Infrastructure Investment Management and Equitix – has reached financial close on a 40% acquisition in Tihama Power Generation Company
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Renewables MENA
Financial close for DEWA 6 – UAE
A total of 7 banks provided the debt package on the 1800MW 6th phase of Mohammed bin Rashid Al Maktoum Solar Park last week
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Renewables Sub-Saharan Africa
APPL, ECOnnect partner for Project Green
Alternative Petroleum & Power Limited and Norway’s ECOnnect Energy have partnered to deliver Project Green, an APPL initiative to supply clean e-fuels, including e-methanol and green ammonia, in Africa
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Renewables MENA
New Saudi country director for Tribe
Tribe Infrastructure Group has promoted Fadi Kerbaj to country director – Saudi Arabia, effectively immediately
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Renewables Sub-Saharan Africa
Blue Water Shipping expands Africa operations
Blue Water Shipping will expand its operations in Africa, opening offices in Walvis Bay, Namibia and Cape Town, South Africa
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Renewables MENA
AfDB, OCP agree loans for Moroccan desal plants
African Development Bank has signed 3 loan agreements with OCP Group totalling $188 million to support the latter’s Green Investment Program to supply clean potable water to key sites within Morocco
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Transport MENA
Aseer-Jazan Highway PPP launches, KSA
Saudi Arabia’s Roads General Authority – together with the National Center for Privatization & PPP and Aseer Development Authority – has launched procurement of the Aseer-Jazan Highway PPP
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Renewables MENA
Saudi’s Alat agrees 4 partnerships
Saudi sustainable manufacturing platform, Alat, has today unveiled its 4 first technology partnerships
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Transport MENA
RFP issued to 6 for Israeli highway PPP
An RFP has been issued to 6 prequalified bidders for the Route No 5 Fast Lanes PPP project in Israel
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Renewables Sub-Saharan Africa
RePower initiative to tackle energy access in Africa
A cross-border group made up of 13 organisations has launched the RePower project, an initiative aimed at overcoming the lack of access to electricity in rural and remote areas throughout Africa through plug-and-play microgrids
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Renewables MENA
EXCLUSIVE Q2 FC for Abu Dhabi solar IPP
The 1.5GW Al Ajban solar independent power project is working its way towards financial close over the next 3 months with 2 French banks understood to be providing the debt package
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Social & Defence MENA
FC for Al Ansar Hospital PPP, Saudi Arabia
Tamasuk and Alghanim International have reached financial close on the landmark Al Ansar Hospital PPP project in Saudi Arabia
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Renewables Sub-Saharan Africa
Solarcentury Africa signs JDA for Botswana solar
Solarcentury Africa and Energy & National Resource Corporation Botswana have signed a joint development agreement to develop and build a 100MW solar project near Palapye, Botswana
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Renewables Sub-Saharan Africa
K-C to install rooftop solar at Cape Town facility
Multinational brand owner Kimberly-Clarke has signed a long-term PPA with Energy Partners for a 2.2MW solar rooftop system at K-C’s Epping facility in South Africa
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Mining Sub-Saharan Africa
AFC, Thor sign Nigerian lithium mine agreement
Africa Finance Corporation has signed an EOI with minerals exploration and mining company Thor Explorations for the development of Nigeria’s first large-scale lithium mine
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Oil & Gas MENA
GES sells Hamriyah terminal, UAE
Global Energy Storage Group, through its Singaporean subsidiary, has divested the Hamriyah Terminal in the UAE to Paragon Capital
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Renewables MENA
Saudi solar deals secure $2.3bn debt package
ACWA Power has secured $2.3 billion in non-recourse debt financing for 3 solar projects located in the central and northern regions of Saudi Arabia
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Renewables Sub-Saharan Africa
Vestas, DCIF sell Kenyan Laka Turkana stake to CFP
Global wind turbine services company Vestas has divested its interest in the Laka Turkana Wind Power project in Kenya, selling its 12.5% shares to the Black Rock-managed Climate Finance Partnership