Morocco: Nareva-Enel-Siemens ahead on 850MW wind

Issue 314 - 17 Dec 2015 | 1 minute read
A consortium of influential local developer Nareva Holding, Italy’s Enel Green Power and Germany’s Siemens Wind Power submitted the most competitive financial offer for a long-awaited tender to build five wind farms with combined 850MW capacity for state utility Office National de l’Electricité et de l’Eau Potable (ONEE). The bid was nearly MD11bn ($1.1bn), but full details have yet to be released and a final decision formally announced, nearly four years after the project was launched.

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