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Nebras Power and Qatar Holding Signed an MOU to Create an Alliance with Japanese Companies to Study the Development of a Power-Generating Project in Turkey

Nebras Power Q.S.C In partnership with Qatar Holding has signed on February 20, 2015 a memorandum of understanding with the Japanese companies: Mitsubishi Corporation, Marubeni and Chubu Electric Power and to study the possibility of developing Afsin Elbistan project in the Republic of Turkey.

Nebras Power Signs a Memorandum of Understanding with Marubeni Corporation of Japan for Joint Cooperation to Invest

Nebras Power QSC has signed on February 20, 2015 a Memorandum of Understanding with Marubeni Corporation of Japan for joint cooperation to invest in the power generation and water desalination projects around the world with a focus on investment in the Middle East, Southeast Asia, Africa, and Europe.

Nebras Power Finance Documents for Shams Ma'an Solar Power Plant

Nebras Power Q.S.C. on 18 January 2015 has with its partners Diamond Generating Europe (wholly owned subsidiary of Mitsubishi Corporation) and KAWAR Group signed finance agreement for Shams Ma’an power solar plant project in Jordan for 18 years with capacity of 52.5 MW. Nebras Power owns 35% of the project, while DGE owns 35% and Kawar Group owns 30%.

Nebras Power Acquires Stake Jordan Power Plant

Nebras Power QSC (Nebras) has announced that it has entered into an agreement to acquire 40% of The AES Corporation’s (AES) interest in IPP4 Al-Manakhir power plant in Jordan. AES owns a 60% interest in the project through its wholly-owned subsidiaries. Mitsui & Co. Ltd of Japan owns the remaining 40% stake. Pursuant to the agreement, Nebras will own a 24% effective interest in the project, which has a capacity of 241 MW. The transaction is expected to be completed in April 2015.

Signing of a Memorandum of Understanding Between Qatar Development Fund and Nebras Power

This afternoon, at the Qatari Ministry of Foreign Affairs building a memorandum of understanding has been signed between Qatar Development Fund “QDF” and Nebras Power Company to develop a relationship of cooperation between them during to study investment opportunities related to energy projects in countries that will agreed upon. This MoU aims to develop a general framework and to determine the guidelines on which both parties will cooperate to study the investment opportunities.

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