TAQA Morocco Closes Financing for First Phase of Boujmil Wind Farm
TAQA Morocco has reached financial close on the first 96 MW phase of the Boujmil wind farm in northern Morocco, with first power expected in the second half of 2027.
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what happened
According to Reuters, TAQA Morocco has completed financial close on the first phase of the Boujmil wind farm in northern Morocco. The phase has a capacity of 96 MW.
The project was funded by a consortium of four leading Moroccan banks, with an investment of roughly 1.3 billion dirhams (MAD). It is the company's first green financing in Morocco. First power delivery is expected in the second half of 2027, and the site could eventually grow to up to 144 MW.
why it matters
For markets this is a sector-level story rather than a major mover. It points to continued build-out of renewable generation in Morocco and a growing role for local banks in green lending. The deal does not directly affect widely traded assets.
tags
sources
- TAQA Morocco Reaches Financial Close For The First Phase Of The Boujmil Wind Farm — Reuters, 3 November 2026 at 08:18 UTC
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