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Al Tamimi & Co with APPC on 8.4 GW Qassim and Taiba CCGT Power Projects

Al Tamimi & Company advised Saudi Power Procurement Company (SPPC) in the development and financial close of the landmark 8.4 GW Qassim and Taiba Combined Cycle Gas Turbine (CCGT) power projects. These are set to enhance Saudi Arabia’s energy infrastructure by supplying power to approximately 3.5 million residential units annually.

The Taiba-2 and Qassim-2 CCGT power projects were developed by Aljomaih Energy & Water Company, in collaboration with consortium members Ajlan & Bros Group, Buhur for Investment Company, and the EDF Group. The Taiba-1 and Qassim-1 CCGT power projects were developed by the ACWA Power-Saudi Electricity Company (SEC) consortium.

Al Tamimi & Company’s team

Al Tamimi & Company provided comprehensive legal support on all local law matters, including the finalization of project documents, review of required consents and approvals, and completion of financial close for all four projects. The team was led by senior associate Aurangzeb Maqsood (pictured below) at Al Tamimi & Company with support from associate Faizan Toor.

Aurangzeb Maqsood - Al Tamimi & Company | LinkedIn
Aurangzeb Maqsood
About the projects

These projects align with Saudi Arabia’s Vision 2030 by enhancing electricity generation efficiency, reducing costs, and displacing liquid fuels in power plants. They are expected to reduce carbon dioxide emissions by up to 278 million tons annually by 2030, in line with the circular carbon economy approach.

benedetta.miarelli@lcpublishinggroup.com

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