A consortium led by Saudi Arabia's ACWA Power has completed refinancing of more than $1.8bn in debt for its Rabigh 1 power project
The head of General Electric Co.’s power business sees more than $8bn of sales opportunities around the globe facing possible delays as energy projects search for financing in a capital-constrained world.
The funds will be used to add 500 megawatts of capacity to a 1,000-megawatt power plant in Kurdistan, providing power to 3 million people. It will also help complete a new power plant near Baghdad
Final agreements signed for 700MW expansion of Jorf Lasfar plant