State utility Dubai Electricity & Water Authority (DEWA) has appointed US investment bank Moelis and local bank Emirates NBD to advise on DEWAs planned initial public offering (IPO), according to Energy and Utillities report
Energy
ACWA Power awarded 1.1GW wind power project in Egypt
Saudi Arabia?s ACWA Power has been selected to develop 1.1GW of wind power in Egypt, the developer revealed in its first quarterly results since launching its initial public offering (IPO) in October
Morocco aims to tender green hydrogen project in 2022
Morocco is aiming to push ahead with a tender for a 100MW green hydrogen electrolyser project in 2022, according to Informa Markets? Egypt Energy conference
Construction works on UAE third nuclear reactor completed
The UAE?s Emirates Nuclear Energy Corporation (Enec) have announced that construction works on the third reactor of the federal 5.6GW Barakah nuclear power plant has been completed
UAE and IRENA launch US$1bn global finance platform to accelerate renewable energy
The UAE and the International Renewable Energy Agency (IRENA) have announced the Energy Transition Accelerator Financing (ETAF) Platform, a new global climate finance facility to accelerate the transition to renewable energy in developing countries