Morocco: Nareva consolidates wind power play in the Sahara
Issue 337
- 22 Dec 2016
| 2 minute read
Leading Moroccan developer Nareva Holding’s Société Energie Eolienne du Maroc (EEM) has announced the launch of a 201.6MW wind project – dubbed Aftissat – to be built to the south of Boujdour in the disputed Western Sahara. With a December 2018 target date to enter service, the plant is intended to supply major industrial customers linked to the national high-voltage grid. This will require construction of a 250km, 400kV transmission line.Financing agreements for the MD4bn ($391m) investment were signed on 8 December by EEM and a group of local banks led by Attijariwafa Bank and Banque Centrale Populaire.
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