Rabigh Arabian Water and Electricity Co. "RAWEC" (the Rabigh IWSPP): This $1.3 billion transaction will provide water, power and steam to serve the largest petrochemical complex in the Gulf region (a Saudi Aramco - Sumitomo Chemical Corporation partnership). This plant will utilize heavy crude oil as fuel. Steam turbines will generate power, while desalination will take place through reverse osmosis.

	Concession	BOOT (25 years)
	Location	Rabigh City, 150 km north of Jeddah
	Shareholders*	Marubeni Corporation JGC Corporation ACWA Power Projects Itochu Corporation Petro Rabigh
	Off taker	Petro Rabigh (JV between ARAMCO and Sumitomo Chemical)
	Cities Supplied	Rabigh Petrochemical Complex
	Project Cost ($ billions)	1.3
	EPC Contractor	Mitsubishi Heavy Industries
	Owner's Engineer	Mott MacDonald
	O&M Contractor	RAWEC
	Capacity	Water: 134,000 m³/day Power: 360 MW (net) Steam: 1,230 ton/hr
	Technology	R.O. for water Steam Turbine for power
	Fuel	Heavy Fuel
	PCOD	01/06/2008
* Shareholders are listed in order of percentage ownership; if equal shareholding, consortium leader comes first