Nebras Power completes acquisition of 9.9% stakes in Amin Solar Project
Date
November 21, 2019
Type
M&A Transactions
Subtype
Transaction completed
Countries
Oman
Subsectors
Photovoltaic
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Nebras Power, a joint venture of Qatar Electricity and Water Company (60%) and Qatar Holding (40%), has completed the acquisition of a 9.9% stakes in the 105 MWac solar photovoltaic project in Amin.
The project is currently under construction with the target completion by December 2019.
Once operational, the energy will be sold to the Petroleum Development Oman through a 23-year PPA.
