Assets
NESMA RENEWABLE ENERGY
Dumat Al Jandal 400MW Onshore Wind
- Status: Operational
- Project value: Over $400m (SR 1.5bn)
- PPA length: 20 years
- Project partners: Masdar & EDF Renewables
ROLE:
NRE partnered with Masdar and EDF Renewables to deliver the project through the construction phase, and into operations. The NRE team is leveraging it’s considerable financial, commercial and technical expertise for the benefit of the project, and its partners.
Jeddah 300MW Solar PV
- Status: Under construction
- Project value: Over $200m (SR 750m)
- PPA length: 25 years
- Project partners: Masdar & EDF Renewables
ROLE:
Acting as a primary developer and investor in the project. The NRE team was active across all workstreams (technical, commercial, financial, legal) during the bid/development and financial close phases. During the construction and operations phase NRE will work to deliver and optimise the project.