Power Plant

Construction & Real Estate

GE Vernova receives order for upgrades at Egypt power plants

Thu, 30 Apr 2026

GE Vernova said it has received an order from Middle Delta Electricity Production Company (MDEPC), an affiliate of Egyptian Electricity Holding Company (EEHC), for upgrades and services at MDEPC’s Bahna and Nubaria power plants in Egypt.

Construction & Real Estate

EDF consortium inks power purchase deal for 120MW Oman plant

Wed, 17 Dec 2025

A consortium led by top European utility EDF Power Solutions has signed a 20-year power purchase agreement with Oman's Nama Power and Water Procurement for the development of the 120MW Jaalan Bani Bu Ali (JBB) wind power plant in the sultanate.

Construction & Real Estate

Bahrain inks deal to extend PPA for 950MW power plant

Thu, 27 Nov 2025

Bahrain's Electricity and Water Authority (EWA) has signed an agreement to extend the power purchase agreement (PPA) with Al Ezzel Power Company, one of Bahrain’s independent power producers, for its key 950MW power plant in the Hidd region.

Finance & Capital Market

Emirates Islamic provides $500m funding for Romania power project

Tue, 06 Jan 2026

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced a landmark structured funding transaction valued at $500 million to Mass Group Holding.

Construction & Real Estate

Heisco lands Kuwait power plant maintenance contract

Mon, 05 Jan 2026

Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has secured a major contract from Kuwait's Ministry of Electricity & Water & Renewable Energy for supply, commissioning and maintenance services related to the construction of lines feeding Al Khairan Power Plant.