Acquisition of Engie's Gas-fired Power Generation and Water Desalination Assets in Bahrain and Kuwait by ACWA Power
Sector: Water Supply and Storage • Location: Bahrain, Kuwait
Source: ZAWYA
Saudi-based ACWA Power completed the strategic acquisition of French energy major Engie's stakes in gas-fired power generation and water desalination assets in Bahrain and Kuwait. The Bahrain portfolio includes equity stakes in Al Ezzel IPP, Al Dur IWPP, Al Hidd IWPP, and full ownership of Al Ezzel O&M Co. The Kuwait portfolio includes equity stakes in Az Zour North IWPP and ownership in Az Zour N
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Participants
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Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | Saudi-based ACWA Power completed the strategic acquisition of French energy major Engie's stakes in gas-fired power generation and water desalination assets in Bahrain and Kuwait. The Bahrain portfolio includes equity stakes in Al Ezzel IPP, Al Dur IWPP, Al Hidd IWPP, and full ownership of Al Ezzel O&M Co. The Kuwait portfolio includes equity stakes in Az Zour North IWPP and ownership in Az Zour North Operations & Maintenance Co. The combined capacity is 4.6 GW of gas-fired power generation and 1.1 million cu m/day of water desalination. The total consideration was $693 million before customary purchase price adjustments. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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