SAUDI FIRM INVESTS IN PAKISTAN GAS PLANT WITH HELP OF IFC
January 1st, 2009
BY KEITH NUTHALL
A SAUDI Arabia firm committed to developing energy projects in the Middle East, north Africa and south Asia is investing in a Pakistan 585-megawatt gas-fired combined cycle power project with the help of the World Bank's International Finance Corporation. The IFC will invest US$50 million in Riyadh-based Creative Energy Resources, which aims to supply power to challenging markets.
ENDS
A SAUDI Arabia firm committed to developing energy projects in the Middle East, north Africa and south Asia is investing in a Pakistan 585-megawatt gas-fired combined cycle power project with the help of the World Bank's International Finance Corporation. The IFC will invest US$50 million in Riyadh-based Creative Energy Resources, which aims to supply power to challenging markets.
ENDS
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.