Qurayyah CCGT IPP Expansion Project

Qurayyah CCGT IPP Expansion Project

Project Type
Brownfield
Sector
Power/Gas-fired combined cycle
Project Stage
Finance arranged
Region
Middle East
Middle East
Country
Saudi Arabia

Project Overview

Project cost
$2.88bn
Financial Stage
Financial close

Ownerships

Date: 20 Feb 2025
Company Percentage
ACWA Power 40.00 %
Saudi Electricity Company (SEC) 40.00 %
Haji Abdullah Alireza & Co (HAAISCO) 20.00 %

Project Deals

Qurayyah CCGT IPP Expansion Project – Financing
$2.88bn
Oct 2025
Project & Infrastructure Finance
Gas-fired combined cycle
Middle East
Middle East
Saudi Arabia