ACWA Power achieves financial close for $821mn Shuaibah 3 IWP project ...United Arab Emirates

ME CONSTRUCTION NEWS - Local News
ACWA Power achieves financial close for $821mn Shuaibah 3 IWP project
source : ME CONSTRUCTION NEWS ( United Arab Emirates ) () 28
Saudi-based ACWA Power has announced the financial close for the Shuaibah 3 independent water project (IWP), with a total investment of US $821mn. The company said the project is a joint venture (JV) between itself (with a 68% equity stake) and Water and Electricity Holding Company (Badeel). The project involves the development, financing, design, engineering, procurement, manufacture, factory testing, transportation, construction, erection, installation, completion, testing, commissioning, insurance, ownership, operation and maintenance of desalination, the statement said. It added that the JV will complete the development, financing, design, engineering, construction, procurement, testing

Read More Details
Finally We wish PressBee provided you with enough information of ( ACWA Power achieves financial close for $821mn Shuaibah 3 IWP project )

Apple Storegoogle play

Also on site :



Latest News

The school where NONE of the pupils speak English as first language

before 13 minute

Ewwwww la la! Tourists film human excrement, rats and piles of rubbish in Paris and complain of 'pee smell' in streets

before 31 minute

Owen Wilson appointed to Property Finder’s Board of Directors

before hour & 15 minute

Amazon Exercises Option to Acquire Direct Stake in Valu

before hour & 16 minute

PIF launches Expo 2030 Riyadh Company

before hour & 33 minute

Mr. Frank Bausch Jr.

before 8 hours & 28 minute

US begins evacuating residents from Israel as Trump drops 'full payload of BOMBS' on Iran's main nuclear facility and strikes two others

before 13 hour & 21 minute

Iran’s Parliament Approves Resolution To Close Strait Of Hormuz

before 16 hour & 51 minute

Egypt Assumes Vice Presidency of the International Gas Union, Paving the Way for 2028 Presidency

before 17 hour & 25 minute

Yemeni Scholars Call For Arab And Islamic Unity In Confronting American-Zionist Assault

before 17 hour & 31 minute

Yemen Will Confront US In Any Attacks On Iran, President Mahdi al-Mashat Confirms

before 17 hour & 50 minute

Revealed: The idyllic farmhouse where Ed Sheeran holidayed with his grandparents to cement his Irish roots

before 18 hour & 8 minute

Egypt’s medical exports surge by 33.1% in 2025

before 18 hour & 19 minute

El Sisi reviews Egypt’s fiscal lerformance, debt reduction efforts & tax reform progress

before 19 hour & 28 minute

Egypt’s agricultural exports reach 5.2M tons in H1 2025

before 20 hour & 38 minute