Saudi Arabian General Investment Authority (SAGIA) has initiated the process to give an investment license to the Abu Dhabi Future Energy Company (Masdar)-EDF Renewables consortium which was awarded the Kingdom’s first utility-scale wind project at Dumat Al Jandal last week.
The announcement was made at the World Future Energy Summit, part of Abu Dhabi Sustainability Week.
The $500 million project at Dumat Al Jandal will have a capacity of 400MW and is expected to create almost 1,000 jobs during construction and operation.
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