JUBAIL WATER AND POWER COMPANY

Jubail Water and Power (JWAP) is the world’s largest Independent Water & Power Project (IWPP) located in Saudi Arabia that was developed on a Build-Own-Operate-Transfer (BOOT) basis and under a 25-year off-take agreement. The plant has power capacity of 2,750MW and water capacity of 800,000 m3/day (176 MIGD). The project achieved commercial operation status in 2010. GIC owns 20% of the company.