VOL. XLIII

No. 46

13-November-2000

SAUDI ARABIA

Al-Zamil And USs CMS Energy Sign Joint BOO Agreement For Power/Water Plants

Al-Zamil Group announced on 28 October that it had signed an agreement with the USs CMS Energy Corporation to jointly develop, build, own and operate (BOO) electricity generating and water desalination plants in Saudi Arabia. The two companies will work together to finance, construct and manage the plants on a 50/50 basis, with CMS acting as operator. President of CMS Energy...