Saudi ACWA Power invests in CCGT natural gas project with China in Central Asian gas producer Uzbekistan
ACWA Power, a leading Saudi developer and operator of power generation, has joined with China to sign a share purchase agreement for a $1 billion combined-cycle gas turbine (CCGT) project in Uzbekistan, the Central Asian nation and leading natural gas producer.
US LNG equipment-maker Air Products signs $12Bln financing for Saudi Arabian gasification and power
US LNG equipment-maker and industrial gases company Air Products has signed a $12-billion project financing and assets agreement for a gasification and power venture for Jazan Economic City with partners Saudi Arabia Oil Company (Aramco) and Saudi firm ACWA Power.
Saudi wealth fund takes bigger stake in joint venture partner of LNG equipment-maker Air Products
The Public Investment Fund of Saudi Arabia, the nation’s sovereign wealth fund, has increased its stake in utility company ACWA Power, whose joint venture partner in a major Saudi green-hydrogen project is US LNG-equipment supplier Air Products of the US.
