News
25 June 2024

Siemens Energy secures $1.5bn Saudi order

In:
Power
Region:
Middle East & Africa

Siemens Energy has secured a $1.5 billion order to supply turbines for two combined cycle power plants in Saudi Arabia.The company will supply the Taiba 2 and Qassim 2 power plants as well as providing maintenance for 25 years. Siemens Energy´s gas turbines (HL-class), in combination with...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
28 November 2025

What TxDOT’s SH288 buy-back means for US road P3s

Texas terminated the small but lucrative SH288 concession and has refinanced it with state-backed bonds. The saga shows that sponsors need to be alert to being surprised on...

Perspective
28 November 2025

Sizewell C: Adapting RAB to new nuclear

New nuclear’s construction risk and development timelines have made it difficult to bank – until now. The RAB revenue model means that Sizewell C’s funding package includes an...