News
20 October 2025

Qurayyah IPP project reaches financial close

In:
Power
Region:
Middle East & Africa

ACWA Power and Saudi Electricity Co (SEC) have reached financial close on a SAR10.8 billion ($2.9 billion) facility to expand the Qurayyah Independent Power Plant with 3,010MW capacity in Eastern Province, Saudi Arabia. The financing, arranged for a 28-year term, came from a group of lenders...

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