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

Posted on by Synergy

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.
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