Energy, Oil & Gas

Acwa Power achieves $2.9bn financial close for Saudi CCGT plant

Acwa Power has announced that its key affiliate - Hajar Two Electricity - has achieved a SAR10.8 billion ($2.9 billion) financial close for Qurayyah CCGT IPP Expansion Project in the Eastern Province of Saudi Arabia. Once operational, it will boast a 3,010MW capacity....