UTILITIES
Investee
Companies
JUBAIL WATER AND POWER
Jubail Water and Power (JWAP) is the world’s largest Independent Water & Power Project (IWPP)
AL-DUR POWER AND WATER COMPANY
Al-Dur Power and Water Company (ADPWC) is the largest Independent Water & Power Project (IWPP)
SHUQAIQ WATER & ELECTRICITY COMPANY
Shuqaiq International Water & Electricity Company (SQWEC) is an Independent Water & Power Project (IWPP)
located in Saudi Arabia that was developed on a Build-Operate-Own (BOO) basis and under a 20-year off-take agreement. The plant has power capacity of 950MW and water capacity of 212,000 m3/day (47 MIGD). The project achieved commercial operation status in 2011. GIC owns 20% of the company.
Website: www.sqwec.com
AL-EZZEL POWER COMPANY
Al-Ezzel Power Company (AEPC) is the first Independent Power Project (IPP) located in Bahrain
that was developed on a Build-Operate-Own (BOO) basis and under a 20-year off-take agreement. The plant has a power capacity of 950MW and achieved commercial operation status in 2007. GIC owns 45% of the company.
RAS LAFFAN POWER COMPANY
Ras Laffan Power Company (RLPC) is an Independent Power Project (IPP) located in Qatar
that was developed on a Build-Own-Operate-Transfer (BOOT) basis and under a 25 year off-take agreement. The plant has a power capacity of 750MW and a water capacity of 181,000 m3/day and achieved commercial operation status in 2004. GIC owns 10% of the company.
Website: www.rlpc.net
SHAMS AD-DHAHIRA GENERATING COMPANY
Shams Ad-Dhahira Generating Company is the first Solar Photovoltaic (PV) Independent Power Project (IPP)
in the Sultanate of Oman that will be developed on a Build-Own-Operate (BOO) basis and under a 15-year off-take agreement. The plant will generate a power capacity of 500MW. The plant achieved commercial operation status in 2021. GIC owns 40% of company.
BAHRAIN LNG
Bahrain LNG is the first Liquefied National Gas (LNG) facility located in Bahrain that has been developed
on a Public-Private Partnership (PPP) basis and under a 20-year off-take agreement. It has a capacity of 800 million standard cubic feet per day and achieved commercial operation status in 2020. GIC owns 24% of the company.
Website: www.bahrainlng.com
JAZLAH WATER DESALINATION COMPANY
azlah Water Desalination Company owns Jubail 3A, which is set to be one of KSA’s largest Independent Water Project (IWP)
that is being developed on a Build-Own-Operate (BOO) basis and under a 25-year off-take agreement. The plant will have a peak water capacity of 600,000 m3/day. The project is set to achieve commercial operation status in Q4 2022. GIC owns 40% of the company.
