Herbert Smith Freehills Kramer advises ENGIE on Khazna (PV4) solar power project in Abu Dhabi

Leading global law firm Herbert Smith Freehills Kramer has advised one of the project developers, low-carbon utility company ENGIE, on the bid submission, development, construction, and financing aspects of the Khazna (PV4) solar power project in Abu Dhabi.

The project is a key pillar of Abu Dhabi’s strategic plans to increase solar power generation capacity beyond 18GW by 2035. The project, once complete, will have a capacity of 1.5GW, enough electricity to power approximately 160,000 homes across the UAE, avoiding more than 2.4 million metric tonnes of carbon emissions in Abu Dhabi per year.