Ma’an Consortium to build Solar Power Plant
Group Aims to Raise $425M in funds for Environmental Project
MA’AN. JORDAN: Jordan’s BADR Investments is leading a consortium to raise up to $425m for a new lOOmW concentrated solar power (CSP) station, one of the largest in the world, in Ma’an, southern Jordan.
The newly-formed consortium, Yatagan, is a collaboration between BADR Investments, Chescor Capital, maisam architects & engineers and Parsons Brinckerhoff, as well as a number of regional and international companies. The team, which has extensive experience of project management, and capital and debt raising for large-scale infrastructure projects, including power generation and transmission in Jordan and elsewhere in the region, will soon be announcing a suite of investments and other major development projects in the Rift Valley.
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