PRESS RELEASE: AMEA Power Commissions 51.75MW Wind power plant in Jordan

Dubai,  UAE,  14  July  2021  –  AMEA  Power,  in  a  joint  venture  with  Xenel  Industries  of  Saudi  Arabia, announced  today  the  commissioning of  its  51.75MW  wind  power  plant  in  Jordan.  The  commercial operation date was officially achieved on July 5th 2021, despite the challenges of Covid-19.

Built by Abour Energy Company, a subsidiary of AMEA Power and Xenel Industries, the wind power plant  will supply power to approximately 40,000 households. 15 wind turbines, supplied by Vestas, are installed  on the site. The project was awarded following the first round of Jordan’s renewables feed-in tariff (FiT)  programme.

The wind power plant is located in the Tafila Governorate, 140 km south of the capital city Amman. It will  be operated for 20 years by Abour Energy Company, avoiding more than 2 million tonnes of CO2 emissions  over the course of its life. The plant is instrumental in supporting Jordan’s ambition, which aims to increase the share of renewable energy in its power mix to 30% by 2030 and to reduce its reliance on fuel imports.

The project was supported with financing from the Islamic Development Bank (IsDB) and the International Finance Corporation (IFC). IFC structured the transaction as an Islamic Finance Ijara transaction, its first in the renewable energy sector in the Middle East and North Africa.

AMEA Power and Xenel Industries invested directly in various community initiatives, including providing training to local Jordanians at the site during construction.

Hussain  Al  Nowais,  Chairman  of  AMEA  Power,  commented:  “We  are delighted  to  announce  a  great milestone for AMEA Power. This is our second operational project, following the recent commissioning of a 50MW solar project in Togo. This is also our first  grid-connected wind power project. AMEA Power is proud  to  establish  its  presence  in  Jordan  and to  be  supporting  the  country  in  its  drive  to  boost  the renewable energy share in the country.”

About AMEA Power

Headquartered  in  Dubai,  AMEA  Power  acquires,  develops,  owns  and operates  clean  power  generation assets  in  Africa,  the  Middle  East  and  Asia.  The  company has  built  a strong  pipeline  across technologies and at different stages of development in emerging markets. AMEA Power is led by a highly experienced  international team with a proven track record in the power sector.  For more information, please visit: www.ameapower.com

About Xenel Industries

Xenel was founded in 1973 by the descendants of one of the oldest trading houses in the Middle East. It is positioned at the center of a group of companies created with a shared vision of achieving economic growth by bridging know how to different parts of the world. Over its 40 year history Xenel, through its  internal skills, joint venture partnerships and associations with global companies throughout the world, has  built  expertise  in  energy,  petrochemicals,  construction, infrastructure  development, healthcare, industrial  services,  IT,  logistics, real  estate  and  global  investing.  For further  information,  please  visit: www.xenel.com

For further information, please contact:
Barbro Ciakudia| Manager – Business Development and CSR
E-Mail: barbro.ciakudia@ameapower.com
Mob: +971564121756