TotalEnergies Completes Financing for its First Solar Power Plant in Saudi Arabia
Ryiadh, June 26th, 2023 – The consortium comprising France's TotalEnergies, Japan's Toyota Tsusho and Saudi Arabia's Altaaqa Renewable Energy (Zahid Group) has completed financing for the development of a 119 MWp solar photovoltaic power plant in Wadi Ad-Dawasir. Following the final investment decision taken earlier, the financial close with local lenders APICORP and Riyadh Bank is a further important milestone for the project.