Rakiza acquires 40% stake in Tihama Power Generation Company

Oman's state-owned infrastructure investor Rakiza acquired a 40% stake in Tihama Power Generation Company, which operates four combined heat and power plants in Saudi Arabia. The deal value was not disclosed.

“Oman’s state-owned infrastructure investor Rakiza has secured the financial close of its first transaction in Saudi Arabia by acquiring 40 percent of Tihama Power Generation Company.”agbi.com

• 1 source
• agbi.comOman’s Rakiza buys 40% of Saudi power company | AGBIPramod KumarFeb 22, 2024

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