‎Aramco plans sale of gas-fired power plants worth up to $4B: Report

‎Aramco plans sale of gas-fired power plants worth up to $4B: Report ‎Aramco plans sale of gas-fired power plants worth up to $4B: Report

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Logo ofSaudi Arabian Oil Co. (Saudi Aramco)

Saudi Arabian Oil Co. (Saudi Aramco) is preparing to sell some gas-fired power generation plants in the coming weeks, Reuters reported, citing sources.

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The sources said the transaction is expected to raise around $4 billion.

According to data available to Argaam, Reuters reported last July that Saudi Aramco was looking to sell up to five gas-fired power plants.

 

Logo ofSaudi Arabian Oil Co. (Saudi Aramco)

Saudi Arabian Oil Co. (Saudi Aramco) is preparing to sell some gas-fired power generation plants in the coming weeks, Reuters reported, citing sources.

The sources said the transaction is expected to raise around $4 billion.

According to data available to Argaam, Reuters reported last July that Saudi Aramco was looking to sell up to five gas-fired power plants.

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