She said Aqua Power In a statement to the Saudi market, the agreements relate to two gas plants for producing electric energy using the combined cycle system, namely the “Al-Rumah 1 Station” project and the “Nairiya 1 Station” project, located in the Riyadh and Sharqiya regions of Saudi Arabia, with a production capacity of 1,800 megawatts for each station.
The statement indicated that ACWA Power’s ownership amounts to 35 percent in each project.
Each of the… Saudi Electricity Company KEPCO is partners in both projects.
The statement explained that the project consists of “developing, financing, building, owning and operating two gas stations to produce electric energy using a combined cycle system” with a duration of 25 years for each agreement.
