1.8 GW Taiba Independent 1 Power Plant Project

1.8 GW Taiba Independent 1 Power Plant Project

Project Type
Greenfield
Sector
Power/Gas-fired combined cycle
Project Stage
Finance arranged
Region
Middle East
Middle East
Country
Saudi Arabia

Project Overview

Project cost
$2.66bn
Financial Stage
Signing

Ownerships

Date: 25 Oct 2023
Company Percentage
Saudi Electricity Company (SEC) 33.33 %
ACWA Power 33.33 %
Haji Abdullah Alireza & Co (HAAISCO) 33.34 %
Date: 10 Feb 2022
Company Percentage
Saudi Power Procurement Company (SPPC) 100.00 %

Project Deals

1.8GW Taiba 1 CCGT Project - Islamic Facility
$1.44bn
Jul 2024
Project & Infrastructure Finance
Gas-fired combined cycle
Middle East
Middle East
Saudi Arabia