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flag Partners secure $4B for Saudi power plants, aiming to generate 3.6 GW and support decarbonization.

flag Abu Dhabi's utility company Taqa, along with partners JERA and AlBawani, secured $4 billion in financing for two new power plants in Saudi Arabia. flag These plants, Rihab ElAwal and Nawras Power Company, will generate 3.6 GW of power and are part of the country's efforts to meet growing energy demands and support decarbonization goals. flag Construction is underway, with the plants set to employ advanced Combined Cycle Gas Turbine technology.

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