ACWA Power announces financial close for $12bn mega joint venture

摘要

Leading energy company ACWA Power has announced die financial closure for a $12bn gasification and power joint venture(JV)project that involves the acquisition of the first group of assets for the Jazan integrated gasification combined cycle(IGCC)facility.The project is a JV agreement between Aramco,ACWA Power,Air Products and Air Products Qudra and represents the largest project finance agreement in ACWA Power's history.