Middle East Economic Survey
VOL. LIII
No 25
21-Jun-2010
SAUDI ARABIA
GDF Suez Signs Finance, Power Agreement For Riyadh IPP
GDF Suez (now called Kahrabel GDF Suez in the Middle East) and partners Aljomaih Holding Company of Saudi Arabia and Sojitz Corporation of Japan have signed agreements for both the financing and the power purchase agreement (PPA) for the Riyadh gas-fired independent power project (IPP), which is commonly known as PP11. The financing agreement was signed with lenders on 16...
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