IFC acquires stake in solar project in Morocco
- ASRA Invest
Related M&A Transactions
IFC, a member of the World Bank Group, has announced it has agreed to a US$20 million equity investment in ACWA Power Ouarzazate, which has developed the 160 MW NOOR 1 concentrated solar power (CSP) parabolic trough plant with three-hour storage near Ouarzazate, Morocco.
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