ACWA Power has announced the completion of the transaction to introduce Silk Road Fund as a partner and a 49% shareholder in ACWA Power Renewable Energy Holding (ACWA Power RenewCo).
ACWA Power RenewCo is ACWA Power's renewable energy platform that currently currently owns ACWA Power's concentrated solar power, photovoltaic solar, and wind assets across the United Arab Emirates, South Africa, Jordan, Egypt and Morocco, yielding an aggregate power capacity of 1668MW.