TAQA and JERA announce the financial closing of a new cogeneration plant in Jubail, in the Eastern Province of Saudi Arabia.
The project, with a capacity of 475 MW of electricity and 452 tonnes of steam per hour, is designed to boost the energy supply to the SATORP petrochemical complex, a key player in local industry.
TAQA, with a majority stake of 51%, and JERA, with 49%, have committed to 25 years of operation,…
