Monday 22 December 2014
 
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Hidd Power plant

GDF Suez 'eyes Bahrain power stake sale'

French gas and power group GDF Suez plans to sell its 30 percent stake in Bahrain's Al Hidd power and water desalination plant and has mandated HSBC  as an adviser, two banking sources familiar with the matter said. The stake held by

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Bahrain power plant to mark 5th anniversary

Bahrain's first privately-operated power and water plant, run by the Hidd Power Company (HPC), will celebrate its fifth anniversary next month. The company was set up with an investment of BD452 million ($1.2 billion) in July 2006, aft

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