Shuaibah Water and Electricity Co. "SWEC" (the Shuaibah IWPP): This first of such a transaction ($2.45 billion) in the Kingdom for the Water and Electricity Company is one of the largest combined power and water plants under construction in the world today. With Arabian light crude oil as fuel, this plant uses steam for power generation and desalinated water production using multi stage flash distillation technology.

	Concession	BOO (20 years)
	Location	110 km south of Jeddah
	Shareholders*	PIF ACWA Power Projects MALAKOFF/KHAZANAH/ TNB SEC
	Off taker	Water & Electricity Company
	Cities Supplied	Makkah Jeddah Taif Baha
	Project Cost ($ billions)	2.45
	EPC Contractor	Siemens/ Doosan Heavy Industries Consortium
	Owner's Engineer	Fichtner
	O&M Contractor	Saudi Malaysia Operation and Maintenance Services Co. (Nominated Subcontractor: NOMAC)
	Capacity	Water: 880,000 m³/day Power: 900 MW (net) (net)
	Technology	MSF for water Steam Turbine for power
	Fuel	Arabian Heavy Crude Oil
	PCOD	25/07/2009
* Shareholders are listed in order of percentage ownership; if equal shareholding, consortium leader comes first