Financial institution APICORP and ACWA Power, a Saudi developer, have signed a USD125 million five-year Shariah-compliant corporate facility to support ACWA Power’s future growth pipeline. The agreement is aligned with APICORP and ACWA Power’s shared ...
Saudi Electricity Company (SEC) has awarded 5 stars to Waad Al Shamal integrated solar and combined cycle power plant project for Environment, Health and Safety (EHS) standards. The project has become one of the power ...
Under the guidance of the Iraqi Prime Minister, H.E. Dr. Adel Abdul Mahdi, the patronage of the Iraqi Minister of Electricity, H.E. Dr. Luay al-Khatteeb and in continuation of their dedicated efforts to strengthen Iraq’s ...
The plants capacity is being expanded to MW 2,700
Kurdistan-based Qaiwan Group secured two loans worth $105m to refinance part of the firm’s investment in the 442MW Bazian Power Plant. With Deutsche Bank as the mandated lead arranger (MLA) and Dubai-based Bankmed as co-MLA ...