Mitsubishi’s Diamond Generating Europe Ltd. and Nebras Power Q.S.C. will each have a 35 percent stake in the Shams Ma’an project, Tokyo-based Mitsubishi said in a statement today. The rest will be held by Kawar Group.
The plant has a long-term power-purchase agreement with the National Electric Power Co. for the entire output beginning 2016, according to the statement.
To contact the reporter on this story: Chisaki Watanabe in Tokyo at firstname.lastname@example.org
To contact the editors responsible for this story: Reed Landberg at email@example.com Ana Monteiro, Indranil Ghosh