ACWA Power and APICORP announce a transaction concerning a minority stake in Shuqaiq IWPP
- ACWA Power
- Arab Petroleum Investments Corporation (APICORP)
- Saudi Water and Electricity Company (WEC)
- Mitsubishi Corporation
Related M&A Transactions
ACWA Power, a developer, owner and operator of independent power generation & water desalination plants, and Arab Petroleum Investments Corporation (APICORP), a multilateral development bank established in 1975 by the 10 member states of the Organization of Arab Petroleum Exporting Countries (OAPEC), announced the signing of a sale and purchase agreement in respect of an 8% effective stake in Shuqaiq Independent Water & Power Project (Shuqaiq IWPP) in Saudi Arabia.
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