Follow-ups -eshrag News:
DUBAI: Masdar, one of the global leaders in renewable energy, announced the financial close of its 500MW Zarafshan wind farm project.
Earlier in 2020, the Abu Dhabi-based company signed a bilateral agreement with the Uzbek government to construct, operate, and maintain the Zarafshan wind farm, according to a statement.
The project is expected to attract more than 2.2 billion dirhams ($600 million) in foreign direct investment, as part of Uzbekistan’s effort to meet 25 percent of its electricity needs by the end of the decade, the statement said.
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