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    LBPKSA Won Contract For 60MW Solar PV Plant In Saudi Arabia


    September 6, 2022 - Fitch Solutions Sector Intelligence

     

      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      LBPKSA Won Contract For 60MW Solar PV Plant In Saudi Arabia

      • 05 Sep 2022
      • Saudi Arabia
      • Infrastructure

      News: LBPKSA, a joint venture of Louis Berger Services and KFB Holding Group, has been awarded a contract by Doosan Enerbility for the construction of a 60MW solar photovoltaic (PV) plant in Saudi Arabia. The USD44.4mn deal includes design, supply and installation services for the PV plant. The plant will be installed to support the Saudi Water Partnership's Shuaibah 3 Independent Water Project, which is being developed by ACWA Power (Saudi Gulf Projects).

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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