Acwa signs power purchase agreement for the expansion of Rabigh 2 Power Plant project

ACWA Power Signs SAR 11.5 Billion Deal With Saudi Power Procurement Company For Major 2.3 GW Rabigh 2 Power Plant Expansion In Makkah Region

ACWA Power has signed a SAR 11.5 billion Power Purchase Agreement for the Rabigh 2 Independent Power Plant Expansion in Saudi Arabia. This project, featuring 2,313.5 megawatts capacity and future carbon capture readiness, aims to enhance electricity infrastructure, reliability, and support the Kingdom’s energy transition goals aligned with Saudi Vision 2030. The post ACWA Power Signs SAR 11.5 Billion Deal With Saudi Power Procurement Company For…

Acwa and SPPC sign agreement for Rabigh 2 expansion project

Acwa and SPPC have entered into a Power Purchase Agreement (PPA) for the expansion of the Rabigh 2 Independent Power Plant (IPP).

Saudi Energy and Acwa to spend $3bn on Mecca power plant

Saudi Energy and Acwa Power have signed a power purchase agreement with the state-run, state-owned Saudi Power Procurement Company (SPPC) to expand a power plant in Mecca. The deal includes developing, financing, building, owning and operating the 2.3 gigawatt Rabigh 2 independent power plant (IPP) expansion project, along with an extension of a 380kV electrical substation at the cost of SAR11.5 billion. ($3.1 billion), the companies said in sep…

Acwa signs power purchase agreement for the expansion of Rabigh 2 Power Plant project

Acwa has signed a Power Purchase Agreement with the Saudi Power Procurement Company for the Rabigh 2 IPP Expansion Project