ACWA Power

Al Zarqa combined-cycle gas turbine (CCGT)

Borrower(s)
ACWA Power
Industry
Power/Gas-fired combined cycle
Area of finance
Project & Infrastructure Finance
Region
Middle East
Middle East
Countries
Jordan

Deal Overview

Acwa Power's investment holding company in Jordan - Red Sea Energy - has full ownership of the project. The new gas-fired plant will be almost twice as efficient as the previous heavy fuel oil-fired plant which had a 28% energy efficiency rating. General Electric is providing 9E turbines for the...

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Deal Volume
$370m
Financial Close
15/01/2017
Dealmakers
Sources

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Project Deals

Al Zarqa combined-cycle gas turbine (CCGT) (ACWA Power Zarqa CCGT Project)
$480m
Greenfield
Gas-fired combined cycle
Middle East
Middle East
Jordan