ACWA Power, a Saudi developer, owner, and operator of power generation and water desalination plants, has announced that China’s Silk Road Fund will acquire a 24.01% equity interest in the 700MW DEWA Concentrated Solar Power ("CSP") project in the United Arab Emirates. The project will be jointly invested and developed by Dubai Electricity and Water Authority (DEWA), Silk Road Fund, and ACWA Power. The DEWA CSP project, which was awarded to an ACWA Power led consortium in 2017, is the …

China’s Silk Road Fund To Invest In Saudi Power Generation Plant ACWA Power appeared first on China Money Network.