Dubai investor Abraaj Group has entered into an agreement to buy a majority stake in a 50MW wind farm in Pakistan from Burj Capital’s Jhimpir Power Limited Holdings.
The project, which is in the southeast of the country, reached financial close in August 2016 and is expected to commence operations in the first quarter of 2018.
It will consist of GE turbines, with the Huadong Engineering Corp appointed as the EPC contractor.
GE will also provide overall operations and maintenance for the project.
Image: sxc
Dubai group buys Pakistan wind
Abraaj Group to take majority stake in 50MW wind farm near Jhimpir
By EBS