- Aramco takes 30% stake in $906 million Sudair solar project
- Plant set to start producing power in the second half of 2022
Aramco will hold a 30% stake in the Sudair solar project, while ACWA and partner Water & Electricity Holding Co. will each own 35%. ACWA, itself 50% owned by the Saudi sovereign wealth fund, said it had reached financial close with lenders on the 1,500 megawatt project.