Amaala is one of Saudi Arabia’s gigaprojects, with the aim of developing a Red Sea tourist destination that will be powered by fully by renewable power sources, with an aim to reduce half a million tons of CO2 emissions every year. The Amaala Utilities project will include the development of a reverse osmosis desalination plant, capable of producing 37 million litres of water per day, and a wastewater processing plant, and a solar PV plant of 250MW powering both the utilities facilities and the residential complex (comprising around 10,000 households). Gridlines supported EDF and Masdar with a model audit at bid submission, and they have subsequently been appointed preferred proponent for this landmark project.
Financial modelling
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