ACWA Power, in partnership with HAU Energy, a subsidiary of Hassan Allam Utilities, has achieved financial close for 1.1 GW Suez Wind Farm in Egypt, marking the largest single-contracted wind farm in the Middle East. The project represents a total investment of $1.2 billion, with ACWA Power holding a 70% stake and HAU Energy owning the remaining 30%. The wind project is expected to increase the share of renewable energy in its electricity generation mix to 42% by 2040.