
Saudi Arabia's ACWA Power has signed power purchase agreements (PPAs) and investment agreements (IAs) with Uzbekistan’s government to develop the 1.5GW Kungrad wind farm, formerly referred to as the Karakalpakstan Wind Independent Power Producer (IPP).
The wind farm shall comprise three 500MW wind power projects owned by three subsidiaries, namely ACWA Power Kungrad Wind 1, ACWA Power Kungrad Wind 2 and ACWA Power Kungrad Wind 3.