Mubadala and Dubal Holding to sign 25-year power deal with Emirates Global Aluminium

Mubadala Investment Company and Dubal Holding will set up a joint venture to develop a new power block and water desalination plant at EGA's Jebel Ali smelter, with EGA buying power for 25 years. The project includes the first H-class gas turbine in the UAE by Siemens.

“Mubadala Investment Company and Dubal Holding to set up joint venture company to develop new power generation capacity for EGA in Jebel Ali.”press.siemens.com

• 1 source
• press.siemens.comMubadala and Dubal Holding to sign 25-year deal with Emirates Global Aluminium worth more than AED 1 billion to develop new power block and water desalination plant | Press | Company | SiemensDec 18, 2018

Summarized from public sources; check the original articles before acting on it.