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Capital Investments Funds $1B Al-Khairat Project in Iraq
Capital Investments Company, the investment arm of Capital Bank Group, successfully financed the Khairat Energy Production Project in Karbala, Iraq, with an amount of one billion dollars for Harlow Group. The project aims to increase electricity generation capacity by 2,800 MW, with an initial production of 1,400 MW in the first phase, and has an operational lifespan of between 25 and 40 years. The project contributes to improving the efficiency of electricity distribution and includes the construction of transmission lines and smart meters to enhance the reliability and sustainability of the Iraqi power grid. It is considered one of the most prominent development projects supporting infrastructure and energy in Iraq.
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