SYNERGY SIGNS CAPTIVE SOLAR PROCUREMENT ADVISORY CONTRACT WITH JEDDAH BASED ARABIAN CEMENT COMPANY

Synergy Consulting is appointed Financial Advisor for the study and procurement of 50 MWAC (max. capacity) Captive Solar Plant for Arabian Cement Company, a leading cement manufacturer based in Kingdom of Saudi Arabia;
Synergy has partnered with ATA Renewables, Technical Advisor for the Project;
The Project will be procured off-grid to meet Arabian Cement Company’s captive demand and will be synchronized with existing power systems;
Contract signing ceremony for the Project took place in Jeddah on March 06, 2019.