Shuqaiq Water and Electricity Co. "SqWEC" (the Shuqaiq IWPP):Located at a remote site, with Arabian heavy crude oil as fuel, this plant will utilize steam for power production and reverse osmosis technology for desalination. This $2.0 billion transaction will commence production in 2010.

	Concession	BOO (20 years)
	Location	140 km north of Jazan, 105 km south west of Abha
	Shareholders*	ACWA Power Projects PIF Gulf Investment Corporation SEC Mitsubishi Corporation
	Off taker	Water & Electricity Company
	Cities Supplied	Assir Region Jazan
	Project Cost ($ billions)	2.0
	EPC Contractor	Mitsubishi Heavy Industries
	Owner?s Engineer	ILF
	O&M Contractor	NOMAC
	Capacity	Water: 212,000 m?/day Power: 850 MW (net)
	Technology	R.O. for water Steam Turbine for power
	Fuel	Arabian Heavy Crude Oil
	PCOD	01/12/2010
* Shareholders are listed in order of percentage ownership; if equal shareholding, consortium leader comes first