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ACWA Partners on Mauritania Power Plant
ACWA Power has signed agreements to develop, finance, construct, and operate the Nediago Power Plant in Mauritania at an investment cost of $700 million. The project involves building a plant with a production capacity of 230 megawatts, utilizing a combined cycle system and gas-to-electricity technology, aimed at meeting the country's growing energy demand. The plant will operate under a government payment scheme for 25 years, with ACWA Power holding a 60% stake in the project.
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