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Saudi Electricity secures $3bn financing for Taiba, Qassim projects - Vimarsana News

Saudi Electricity secures $3bn financing for Taiba, Qassim projects

Saudi Electricity Company (SEC) has announced that it has secured financing worth SAR11.4 billion ($3.04 billion) for the Taiba 1 and Qassim 1 independent power plant projects, which have a combined cycle gas turbine (CCGT) capacity of 3,600MW.

Saudi Electricity Company Aligns Financing for Two IPPs Projects with 3.6 GW Combined CCGT Capacity - Vimarsana News

Saudi Electricity Company Aligns Financing for Two IPPs Projects with 3.6 GW Combined CCGT Capacity

Saudi Electricity Company (SEC) announced that it has successfully aligned financing for the Taiba 1 and Qassim 1 Independent Power Plant (IPP) projects, securing SAR 11.4 Billion (USD 3.04 Billion) of non-recourse financing.

Source: aawsat.com