Saudi Electricity Company (SEC) has announced that it has secured financing worth SAR11.4 billion ($3.04 billion) for the Taiba 1 and Qassim 1 independent power plant projects, which have a combined cycle gas turbine (CCGT) capacity of 3,600MW.
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Saudi Electricity Company (SEC) announced that it has successfully aligned financing for the Taiba 1 and Qassim 1 Independent Power Plant (IPP) projects, securing SAR 11.4 Billion (USD 3.04 Billion) of non-recourse financing.