Power Engineering: Saudi Electricity looks to funding for $1.8bn power plant expansion

Source: Uinta County News

Riyadh : Saudi Arabia | about 1 month ago

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Power utility Saudi Electricity said it would borrow from banks and use Islamic bonds to help finance a 6.88bn riyals ($1.84bn) contract to expand a power plant. The Gulf's largest utility by market value signed the agreement awarding South Korean builder Doosan Heavy Industries & Construction and...

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Power Engineering: Saudi Electricity looks to funding for $1.8bn power ...

News Source: Uinta County News | about 1 month ago

Power utility Saudi Electricity said it would borrow from banks and use Islamic bonds to help finance a 6.88bn riyals ($1.84bn) contract to expand a power plant. The Gulf's largest utility by market value signed the agreement awarding South Korean...