DUBAI - ACWA Power, which is partly owned by Saudi Arabia's sovereign Public Investment Fund, has signed a memorandum of understanding with Natixis Corporate & Investment Banking, ACWA said on Monday.

The MoU aims for Natixis to finance ACWA projects with up to $2 billion over two years.

Natixis has previously underwritten a number of ACWA's deals, including the Sakaka solar photovoltaic project.

 

(Reporting by Yousef Saba; editing by Richard Pullin) ((Yousef.Saba@thomsonreuters.com; +971562166204; https://twitter.com/YousefSaba))