Siemens Energy Sector has won a US$128mn supply contract from KAR Construction and Engineering for its Khormala gas turbine power plant in the Kurdistan region of Iraq
Energy
US Export-Import Bank approves loan for UAE nuclear plant
The US Export-Import Bank (Ex-Im Bank) has authorised a US$2 billion direct loan to UAE?s Barakah One Company to underwrite the export of American equipment and service-expertise for the construction of a nuclear power plant in UAE
TAQA plans US$800 million bond sale to refinance Shuweihat plant
Abu Dhabi National Energy Company (TAQA) is reportedly considering a US$800mn bond sale next quarter to refinance the Shuweihat S2 power and water plant, according to Bloomberg
ENEC awards nuclear fuel deals worth US$3 billion
The Emirates Nuclear Energy Corporation (ENEC) has awarded contracts worth US$6bn to six global companies to supply nuclear fuel services for the UAEs first nuclear power plant in Barakah
SEC awards US$183 million power contracts
State-owned Saudi Electricity Company (SEC) has awarded three contracts worth US$183mn in an effort to improve its power distribution network