Successful bids will involve the companies in the development, financing, construction, operation, maintenance and ownership of the plant and associated infrastructure, which is set to be built in the Al Khazna area of Abu Dhabi. EWEC will receive responses to the RFP until the third quarter of 2024.
The successful developer or developer consortium will own up to 40% of the entity, while the remaining equity will be held indirectly by the…