ACWA Power stock: $226 million financing closes for Uzbek wind farm
Published on 11/16/2026 at 00:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUzbekistan project reaches financing milestone
- ACWA Power secured long-term funding for the Bash II wind farm in Uzbekistan.
- The project strengthens the company’s development portfolio across energy and water infrastructure.
- ACWA Power is expanding projects from its Riyadh headquarters across international markets.
ACWA Power has reached financial close on the Bash II wind farm in Uzbekistan's Bukhara Region, according to Oil & Gas News on Sunday, November 15. The Saudi developer secured long-term financing of 226 million US dollars, equivalent to 847.5 million Saudi riyals, from a consortium of international lenders.
Financing advances Uzbekistan project
Bash II has a planned capacity of 300 megawatts and is located in Uzbekistan's Bukhara Region. Financial close marks the transition from project development toward construction and operation, although the report did not provide a commercial start date or identify the lending consortium.
For investors, the financing milestone adds to ACWA Power's pipeline of contracted and developing energy assets. The project also underlines the role of project finance in funding large renewable-energy installations without relying solely on corporate balance-sheet capital.
International energy and water platform
ACWA Power leads energy, water and green hydrogen projects from its headquarters in Riyadh, Saudi Arabia. Its activities span power generation, water desalination, renewable energy and storage projects across international markets. The company works with partners, customers and communities across multiple regions, giving its portfolio exposure to infrastructure demand beyond its home market.
ACWA Power at a glance
- Company: ACWA Power
- ISIN: SA15CGS10H12
- Project: Bash II wind farm
- Location: Bukhara Region, Uzbekistan
- Capacity: 300 megawatts
- Financing: 226 million US dollars, or 847.5 million Saudi riyals
- Event date: November 15, 2026
The Saudi market remains the company's domestic market environment; see current market reports for broader trading developments.
More news and analyses on ACWA Power stock are available on the company topic page.
