Sunday, May 19

Nareva, Kharabel win Moroccan 300 MW wind farm deal

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RABAT Aug 1 (Reuters) – Morocco’s state power utility ONE has selected a consortium comprised of local Nareva and UAE-based Kharabel FZE to develop a 300-megawatt wind farm in the southern Tarfaya region, the local Les Echos newspaper reported on Wednesday.

Quoting ONE’s legal advisers, Chadbourne & Parke, the newsparer said the consortium valued the project at $350 million. A spokesperson for ONE could not immediately comment the report.

The project would be Africa’s biggest wind farm.

(Reporting By Souhail Karam)

 

 

 

 

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