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.