The Moroccan government has validated the acquisition of 100 % of the Société éolienne du Maroc SA by the company Emirati Amea Power LLC, A major player in renewable energies. This operation is part of a broader dynamic of strengthening economic ties between Morocco and the Gulf countries, particularly in the strategic energy sector.
The transaction was formalized by decree n ° 2.24.385, Published in the Official Bulletin No. 7370 Bis, which confirms the full transfer of the shares held hitherto by the Italian Society Italgen Maroc Sarl. This decree, signed by the Head of Government as well as the Ministers of Equipment, Water, Economy and Finance, does not include any reserve or condition suspensive, which gives the operation a character of immediate execution.
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A strategic player at the heart of renewable
With this acquisition, The Emirati Amea Power LLC, specialized in the development of wind and solar projects, becomes the only shareholder of wind energy from Morocco SA. The Moroccan company, with a capital of 6.2 million DH, is dedicated to the production of electricity from renewable sources. This acquisition marks a new milestone in the expansion of Amea Power in Morocco.
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A climate favorable to foreign investments
The operation is based on the provisions of Dahir n ° 1-58-008 of February 24, 1958, which governs the entry of foreign capital into strategic sectors such as energy. This stable and attractive legal framework allows the Kingdom to attract major investments in its energy transition plan.