Middle East Economic Survey
VOL. XLVIII
No 48
28-November-2005
SAUDI ARABIA
Shu'aiba Sponsors, WEC, Sign PWPA
Saudi Arabias Shu'aiba Water and Electricity Company (SWEC), on 15 November signed the power and water purchase agreement with Saudi Water and Electricity (WEC), the offtaker. SWEC was established on 22 August and is a joint venture between sponsors which comprise a Malaysia-led consortium comprising Acwa Power and Tenagh Nacional Berhad, with the support of international and Saudi...
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