Doha-headquartered Nebras Power has entered into an agreement to acquire Qatar Electricity and Water Company’s (QEWC) stake in Oman-based Phoenix Power Company amounting to 9.75% and Phoenix Operating and Maintenance Company amounting to 15%. The acquisition is expected to be completed in January 2016. Phoenix Power Company owns the Sur …
Joint Venture to Generate Electricity from Solar Power
Qatar Petroleum (QP) and Qatar Electricity and Water Company (QEWC) are establishing a joint venture for the generation of electricity from solar power. The joint venture, which will have 40% stake by QP and the remaining 60% by QEWC, is aimed at diversifying the sources of energy production and increasing …
Nebras Power Acquires QEWC Shares in AES Oasis Ltd
Doha, December 01 (QNA) – Nebras Power has announced that it has entered into an agreement to acquire Qatar Electricity and Water Company (QEWC) stake in AES Oasis Ltd, which owns a 60 percent stake in AES Jordan HoldCo Ltd, which owns the Al Mnakhir independent power plant located in …