Mauritania taps Acwa for gas-fired plant
The project carries an estimated investment cost of around USD 700 mn
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The project carries an estimated investment cost of around USD 700 mn
The combined cycle gas turbine plant will add some 2.3 GW capacity to the system
Acwa expanded its stake in money-spinner Shuaibah to 62% in a SAR 843 mn acquisition
Serhan has over 30 years of experience in industrial and infrastructure operations
Acwa will develop, finance, construct, commission, and operate the facilities
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The 36-month project is managed by Al Rajhi Capital
Jarir had signed a non-binding MoU December 2024
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