Morocco’s electricity and water utility ONEE has chosen a consortium of Italy’s Enel, local firm Nareva and Germany’s Siemens as the preferred bidder for a second phase of a program which is intended to put 2GW of wind power capacity in place by 2020.
Enel says the consortium has been “pre-awarded the right” to develop, design, finance, construct, operate and maintain wind projects in Morocco with a total capacity of 850MW. The company says the five wind farms will require investment of around €1bn ($1.1bn) “mostly funded through project finance facilities.” (CONTINUED - 706 WORDS)
