News
03 May 2024

ACWA and SEC sign financing for Qassim 1 and Taiba 1 CCGTs

In:
Power
Region:
Middle East & Africa

ACWA Power and SEC have signed the senior debt financing for two 1800MW combined cycle power plant (CCGT) projects in Saudi Arabia – Taiba 1 and Qassim 1.The projects represent a combined investment of $3.89 billion. The financing for each project is $1.517 billion of 28.1-year debt provided...

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