Saudi Arabia’s Acwa has finalized an agreement to develop Mauritania’s first large-scale gas-fired independent power producer (IPP) project, with a total investment value of approximately $700mn.

On 1 July, Acwa announced the signing of the Public-Private Partnership (PPP) and Power Purchase Agreement (PPA) for the development, financing, construction and operation of the 230MW Combined Cycle Gas Turbine (CCGT) in N’Diago in the country’s far south. (CONTINUED - 332 WORDS)