InfraMed invested 50% of the Jordan Wind Project Company www.jordanwind.com, a 117MW wind farm in the Tafilah governorate. InfraMed’s partners were EP Global Energy Ltd, an experienced Cyprus-based developer of renewable energy projects in emerging markets, and Masdar, the renewable energy arm of Mubadala. On completion in September 2015, Tafila was be the first and largest privately-financed wind farm in Jordan. The total costs of the project amounted to $287m. InfraMed sold this asset in 2019.
Tafila is the first wind farm developed pursuant to the Jordanian Renewable and Energy Efficiency Law passed in 2011 with the objective to procure 10% of total energy supply from renewable resources by 2020 and decrease the reliance on imported fuels. The kingdom imports 96% of its energy needs, accounting for 20% of GDP. Electricity demand growth exceeded 5% per annum in average over the past decade. Jordan’s electricity from wind potential is one of the most attractive in the MENA region. Located 140 km south of Amman, the site benefits from some of the highest recorded wind speeds in the country and immediate access to transmission infrastructure.