ACWA Power secures $373m financing for Tashkent’s Riverside Power Plant.
Saudi energy giant ACWA Power Co. has signed financing deals worth SR1.4 billion ($373.1 million) for Tashkent’s Riverside power plant in Uzbekistan, according to a statement on Tadawul. The facility aims to generate 200 megawatts of solar photovoltaic energy and store 500 MW per hour using batteries, with a total cost of SR2 billion. The financing agreements were signed by ACWA Power…