The deal will be funded through a fund in which Natixis, MUFG and SAMBA will participate, in addition to Riyad Bank, which will also provide a interim loan to manage the financial transaction, beginning of this month.
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The share of Aqua Power in the project is 70%, and the Saudi Brotherhood owns the remaining stake.
Aqua Power, in November 2018, signed a contract to build a $ 2.3 billion power plant in Egypt.