Oman Investment Authority and ACWA Power sign MoU for green hydrogen projects

ACWA Power and the Oman Investment Authority (OIA) signed a Memorandum of Understanding (MoU) to explore investment opportunities in green hydrogen projects in Oman. The MoU aims to leverage Oman's strategic location and renewable energy potential to develop large-scale green hydrogen production facilities.

Counterparts (2)

Investor

Oman Investment Authority (OIA)

company · 1 deals

Oman Investment Authority (OIA) is the sovereign wealth fund of Oman. It invests in a diverse range of sectors and geographies, including infrastructure, with a focus on sustainable and long-term investments.

Developer

Acwa

company · 2 deals

ACWA Power is a developer, investor, and operator of power generation and desalinated water plants. They focus on delivering electricity and potable water reliably and responsibly at a low cost, driving social and economic development in the communities they invest in.