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EDF and Masdar reach financial close 400MW Saudi wind project

The consortium consisting of EDF Renewables and Abu Dhabi Future Energy Company (Masdar) has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia

With an installed capacity of 400MW, the Dumat Al Jandal project will be Saudi Arabia?s first wind farm and the largest in the Middle East. Led by EDF Renewables and Masdar, a subsidiary of Mubadala Investment Company, project construction will begin soon and commercial operations are due to start in the Q1 2022.

Vestas is the contracted wind-turbine technology provider and responsible for the engineering, procurement and construction (EPC) contract. TSK will be responsible for the balance of plant (BOP), while CG Holdings will provide the substations and high-voltage solutions.

Bruno Bensasson, EDF Group senior executive president for renewable energies and chairman and CEO of EDF Renewables, said that the This project aims to achieve EDF Group?s Cap 2030 strategy, which is set to double its renewable energy capacity by 2030 ?in France and worldwide ? to 50GW.

Mohamed Jameel Al Ramahi, CEO of Masdar, commented that the project is in line with Saudi Arabia?s commitment to realise its bold strategy to substantially increase the contribution of renewables in its total energy mix to 27.3GW by 2024, from wind as well as solar energy.

The Dumat Al Jandal wind farm is expected to supply electricity according to a 20-year power purchase agreement (PPA) with the Saudi Power Procurement Company, a subsidiary of Saudi Electricity Company (SEC), the Saudi power generation and distribution company.

The wind farm will be located 896km north of Riyadh, in the Al Jouf region of Saudi Arabia.