01 August 2023

Acwa Power, a leading Saudi-based developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, has signed a three-year revolving credit facility (RCF) agreement with China Construction Bank (DIFC Branch).

Acwa Power said the agreement provides it with access to a $100 million revolving credit facility that will support the company’s strategic plans to scale its power and water generation portfolio in the Middle East and the Belt & Road countries and contribute to the social and economic development of the communities it invests in and serves.

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Abu Dhabi Modular Buildings Indian Expertise Waste Water Management Facilities Management Focus: Cityscape TechTalk: Geberit Legally Bound Regional News Saudi Focus UAE Focus Events Manufacturers & Procurement Tenders

Gulf Construction is the undisputed leading trade journal for the building and construction industries of Saudi Arabia and the other Gulf states. The magazine provides editorial coverage on a wide range of topics which are of interest to industry professionals. In addition, regular features highlight technological developments within specific industry fields. Launched 40 years ago, the magazine has established an enviable reputation as an authoritative, respected journal with unmatched coverage of the Gulf region. Gulf Construction is essential reading for anyone with a serious interest in the region’s building and construction industry.