FINANCIAL NEWS

Morocco’s ONE issues tender for wind farms

08 Jan 2012

(MENAFN) The Moroccan power utility, ONE, issued a tender for the development of five wind farm projects with a production capacity of 850 megawatts, reported Reuters.

ONE stated that the new projects would adapt a build, own, operate and transfer scheme.

The state-owned company added that the projects would be in partnership with the Energy Investments Company and King Hassan Fund.

ONE noted that it would start accepting bid early in March.

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