Tihama Power Generation Company

Activity by year

202420252026

Acquisition

Feb 28, 2024ACQUISITIONEastern Province, Saudi Arabia, Saudi Arabia
Rakiza Infrastructure Fund acquires 40% stake in Tihama Power
GIB Capital advised on the sale of a 40% stake in Tihama Power Generation Company Ltd. to Rakiza Infrastructure Fund. Tihama Power operates four combined heat and power plants in Saudi Arabia's Eastern Province.
Engie partner Tihama Power Generation Company target Rakiza Infrastructure Fund acquirer #Power Generation Equipment gibcapital.com
Feb 22, 2024ACQUISITIONRas Tanura, Ju'aymah, Shedgum and Uthmaniyah, eastern province, Saudi Arabia
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.
Engie partner Rakiza acquirer Tihama Power Generation Company target #Power Generation Equipment agbi.com

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