National electric utility and project developer
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Holds 40% stake in the Rabigh 2 expansion
Saudi Arabia closed financing on October 1 for the Rabigh 2 power expansion, a 2,313.5-megawatt gas-fired plant in the kingdom's western province. The SAR 9.69 billion ($2.58 billion) debt package runs about 34 years and draws on 15 lenders from Saudi Arabia, the Gulf, Europe and Asia.
Updated 2 hours ago
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