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Energy forum facilitates $11 billion deals

Energy forum facilitates $11 billion deals
Tadweer awarded new operating contracts cumulatively valued at Dh1.099 billion at the World Future Energy Summit.

abu dhabi - Masdar-led consortium wins tender to build $500 million wind farm in Saudi Arabia

By Staff Report

Published: Sun 20 Jan 2019, 6:41 PM

Last updated: Sun 20 Jan 2019, 8:44 PM

World Future Energy Summit (WFES), a key enabler of Abu Dhabi Sustainability Week 2019 (ADSW), facilitated deals valued at $10.5 billion to be implemented across 20 countries during its four-day run at the Abu Dhabi National Exhibition Centre.

The event that came to a close in Abu Dhabi on January 17, 2019, saw a consortium led by Masdar (Abu Dhabi Future Energy Company) and France's EDF win a tender to build a $500 million 400-megawatt wind farm in northern Saudi Arabia as part of the country's efforts to increase its renewable energy capacity to 60 gigawatts by 2030.

Abu Dhabi Waste Management Centre (Tadweer), the strategic partners of the sixth EcoWASTE exhibition, awarded new operating contracts, cumulatively valued at Dh1.099 billion, to providers of solid waste collection and transportation and street sweeping and cleaning services in the third, fourth and fifth sectors of Abu Dhabi Mainland and Al Dhafra Region.

- business@khaleejtimes.com


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