Khalladi 120MW wind farm

11/7/2016

Project development, Project finance

Value:

$ 172 million

Status:

Completed

Date:

11/7/2016

Overview:

Khalladi 120MW wind farm.
ACWA Power is developing the Khalladi 120MW wind farm near Tangiers.
European Bank for Reconstruction and Development (EBRD) and the Banque Marocaine de Commerce Exterieur (BMCE) are providing €126 million in financing for the project.
The wind farm will have 40 Vestas turbines, each with an output of 3MW.
Construction of the wind farm began in July 2016.
Legacy firm Chadbourne & Parke (Julien Bocobza) advised ACWA Power.

Rani Mehta - Journalist

Jurisdiction:

Morocco

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Energy

Firm:

Naciri & Associés Allen & Overy

Party: European Bank for Reconstruction and Development (Lender)

Party: Banque Marocaine de Commerce Exterieur (BMCE) (Lender)

Lawyer: Hicham Naciri

Related deals