wind

EDF Renewables-Masdar Consortium Reaches Financial Close on Dumat Al Jandal Wind Project

The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia, with the backing of Saudi and international banks.
EDF Renewables-Masdar Consortium Reaches Financial Close on Dumat Al Jandal Wind Project
Courtesy of Masdar

The Renewable Energy Project Development Office of the Saudi Ministry of Energy, Industry and Mineral Resources awarded the $500 million Dumat Al Jandal wind farm in January following a call for tenders in August 2017. The winning consortium submitted the most cost-competitive bid of $21.3 per megawatt hour (MWh). 

With an installed capacity of 400 MW, the Dumat Al Jandal project will be Saudi Arabia’s first wind farm and the largest in the Middle East. Led by EDF Renewables and Masdar, a subsidiary of Mubadala Investment Company, project construction will begin shortly and commercial operations are due to start in the first quarter of 2022.

Vestas is the contracted wind-turbine technology provider and responsible for the engineering, procurement and construction contract. TSK will be responsible for the balance of plant, while CG Holdings will provide the substations and high-voltage solutions.

“We are delighted to take part in the first wind project in the country, which is set to be the most powerful wind farm in the Middle East.. Wind power is now representing a renewable and economical solution in the energy mix,” said Bruno Bensasson, EDF Group Senior Executive President responsible for Renewable Energies, and Chairman and CEO of EDF Renewables.

The Dumat Al Jandal wind farm will supply electricity according to a 20-year power purchase agreement with the Saudi Power Procurement Company, a subsidiary of SEC (Saudi Electricity Company), the Saudi power generation and distribution company.

Osama Khawandanah, Chief Executive Officer of the Saudi Power Procurement Company, said, “We are proud to see the Dumat Al Jandal wind project progress to the construction stage, and we congratulate the winning consortium members for spearheading the future of wind energy in the region. The Dumat A Jandal project has set the benchmark and shows the potential for onshore wind energy in the Kingdom, and is a new reference point and source of confidence as we continue to diversify our power generation system.”

The wind farm will be located 560 miles (896km) north of Riyadh, in the Al Jouf region of Saudi Arabia. 

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