# TAQA and JERA reach financial close for SATORP cogeneration plant in Saudi Arabia

TAQA and JERA announced financial close for a new industrial cogeneration plant in Jubail, Saudi Arabia, to supply 475 MW of power and 452 tonnes per hour of steam for the SATORP petrochemical complex.

- Type: Investment
- Announced: 2024-08-22
- Where: Jubail, Eastern Province, Saudi Arabia
- Status: announced
- Capacity: 475 MW power, 452 tonnes per hour steam
- Products: electricity, steam
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Taqa](https://endata.com/companies/49544.md)
- [JERA](https://endata.com/companies/5225.md) (partner)
- [SATORP](https://endata.com/companies/12519.md) (customer)

## Sources

- [zawya.com](https://www.zawya.com/en/press-release/companies-news/taqa-and-jera-announce-financial-closing-of-satorp-strategic-expansion-industrial-steam-and-electricity-cogeneration-plant-tgx06c6n), 2024-08-22: "We are proud to have reached financial close, an important milestone reinforcing our position as a partner of choice for utility projects of this scale."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.