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Finance / Jordan

QEWC Embarks On Geographical Expansion

February 2012 | Project News

CFW View: In an attempt to increase its regional footprint and take advantage of Jordan's dire need of electricity generating capacity, Qatar Electricity & Water Company (QEWC) has bought a 23.3% stake in Jordan's Amman East power plant. However, QEWC is not alone in seeking these lucrative opportunities, and Saudi Arabia's ACWA Power International (ACWA) has already established a major presence in Jordan's energy sector.

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