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News 2026-09-28 05:03 UTC

DEWA refinances Noor Energy 1 PV project for $2.7bln

By Staff WriterDFM-listed Dubai Electricity and Water Authority (DEWA) said it has refinanced the 950 megawatt (MW) Noor Energy 1 project at $2.7 billion well before the target date.“This is more than a financial transaction. We are refinancing a national asset,” said DEWA CEO Saeed Mohammed Al Tay…