ACWA and SEC sign financing for Qassim 1 and Taiba 1 CCGTs

ACWA Power and SEC have signed the senior debt financing for two 1800MW combined cycle power plant (CCGT) projects in Saudi Arabia – Taiba 1 and Qassim 1.The projects represent a combined investment of $3.89 billion. The financing for each project is $1.517 billion of 28.1-year debt provided...