US EditionENGIE and Masdar Advance UAE Energy Transition with Financial Close of Landmark Khazna Solar Project
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The Engie guaranteed the financing of a 1.5 gigawatt solar park in Abu Dhabi, the largest of its portfolio in the world, informed the French company on this Tuesday (19), in accordance with the intensifying of projects in the Middle East rapid growth market in the middle of the deceleration of renewable energy in the US and Europe. In order to enter into commercial operation in 2028, the Khazana park will provide 160,000 residents in the United …
ENGIE And Masdar Secure Financial Close For 1.5 GW Khazna Solar Project In Abu Dhabi
ENGIE and Masdar have achieved financial close on the 1.5 GW Khazna Solar PV project in Abu Dhabi, marking a major step forward for the United Arab Emirates’ renewable energy […] The post ENGIE And Masdar Secure Financial Close For 1.5 GW Khazna Solar Project In Abu Dhabi appeared first on SolarQuarter.
Abu Dhabi, January 19, 2026 – Abu Dhabi Future Energy Company (Masdar) and Engie announced the financial close for the 1.5 GW Al Khazna solar photovoltaic (PV) plant project. Seven leading regional and international banks participated in the project financing, including Abu Dhabi Islamic Bank, Crédit Agricole Corporate and Investment Bank, KfW IPEX-Bank, BNP Paribas, HSBC, Sumitomo Mitsui Trust Bank, Trust Bank, and Emirates Development Bank. Ma…
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