Bank Of Baku

Azerbaijan signs land lease and state guarantee agreements with ACWA Power

Azerbaijan signs land lease and state guarantee agreements with ACWA Power
# 22 September 2025 12:20 (UTC +04:00)

Agreements on Land Lease and State Guarantee have been signed between Azerbaijan and the company ACWA Power, APA-Economics reports.

The signing took place within the framework of the Azerbaijan International Investment Forum.

The land lease document was signed by the Minister of Economy of Azerbaijan, Mikayil Jabbarov, the Chairman of the Board of the Agency for the Development of Economic Zones, Seymur Adigozalov, and the CEO of ACWA Power, Marco Arcelli.

The agreement on the State Guarantee was signed by Finance Minister of Azerbaijan, Sahil Babayev, and the CEO of ACWA Power, Marco Arcelli.

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