Arab Today, arab today ifc and acwa power support jordan’s energy sector
Last Updated : GMT 05:48:51
Arab Today, arab today
Arab Today, arab today

IFC and ACWA Power support Jordan’s energy sector

Arab Today, arab today

Arab Today, arab today IFC and ACWA Power support Jordan’s energy sector

Amman - Arabstoday

International Finance Corporation (IFC), a member of the World Bank Group, and International Company for Water and Power Projects (ACWA Power), a Saudi power and water desalination firm, announced in a press release this week that they are investing in Jordan’s largest electricity producer to improve power delivery in the Kingdom and boost investor confidence in Jordan’s energy sector. “IFC is investing about $10.5 million to support ACWA Power’s acquisition of Enara Energy Investments PSC, which in turn owns 51 per cent of Jordan’s Central Electricity Generating Company (CEGCO),” the press statement said. “IFC’s investment will support ACWA Power’s plans to improve the efficiency of CEGCO’s power plants through their repowering, up-rating and rehabilitation and to expand CEGCO’s generating capacity to keep pace with the country’s rapidly growing electricity needs.” ACWA Power and IFC will acquire equity shares in Enara, a holding company created by CEGCO\'s current owner Jordan Dubai Capital, which bought CEGCO in 2007. CEGCO is the largest power generator in Jordan, with seven power plants nationwide. Together, these facilities have about 15550 megawatts of installed capacity, or about 59 per cent of the country’s total.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ifc and acwa power support jordan’s energy sector Arab Today, arab today ifc and acwa power support jordan’s energy sector

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ifc and acwa power support jordan’s energy sector Arab Today, arab today ifc and acwa power support jordan’s energy sector

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday