Toshiba Corporation has been awarded a US$140mn engineering, procurement and construction (EPC) contract for the Al Zour substation located in Kuwait
Energy
Electricity project in Jordan receives US$270 million funding
The US Government?s Board of Directors of the Overseas Private Investment Corporation (OPIC) has approved funding worth US$270 million for construction of a 240MW electrical power plant in Jordan
Siemens to provide Khormala gas plant with turbines and generators
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
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