Sunday 17 November 2024
 
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Enara

Enara buys 51pc of Jordan power firm

Enara (Energy Arabia) has announced the purchase of 51 per cent of Jordan’s Central Electricity Generating Company (CEGCO) for $320 million. The deal is considered to be the first privatisation activity in Jordan’s energy sector. E

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Jordan sells 51pc of state power firm

Energy Arabia (Enara), a consortium of Arab and Asian investors, has bought a majority 51 percent stake in Jordan's government-owned Central Electricity Generating Company (CEGCO), officials said. They said the deal includes a cash payment

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