France’s EdF and Abu Dhabi’s state renewables firm Masdar have reached financial close on Saudi Arabia’s first wind farm, which will be the largest in the Middle East with 400MW generating capacity and will be built at Dumat Al Jandal in the northern Al Jawf region.
Saudi Energy Ministry’s Renewable Energy Project Development Office (Repdo) awarded EdF and Masdar the project in January. The project is expected to cost $500mn and to generate around 1.4TWh each year, which represents an average generation rate of 160MW (MEES, 18 January). (CONTINUED - 233 WORDS)