Fadhili Plant Cogeneration Company

๐Ÿ“ Jubail Industrial City, Saudi Arabia๐Ÿ—“ Founded 2016๐Ÿ‘ฅ 24 employees๐Ÿ’ฐ Last funded Feb 2018
Fadhili Plant Cogeneration Company (FPCC) is joint venture located in Jubail Industrial City ,Saudi Arabia. Saudi Aramco Power Holding Company and Saudi Electricity Company (SEC) hold 30% stake each in the project company, while ENGIE, which has been contracted to develop the plant on build, own, holds 40% equity. operations are expected to begin from November 2019. The electricity generated by the plant will be equivalent to the consumption of 1.4 million people. The plant will also produce 1,447t an hour of steam and 768.8t an hour of feed water, which will be supplied to Saudi Aramco.
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Total investors
1
Early stage
0
Mid stage
0
Late stage
2016
Founded

Investors

1 investor
All
Early stage
Mid stage
Late stage
Investor geography1 country
Saudi Arabia
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Frequently asked questions
Who invested in Fadhili Plant Cogeneration Company?
Fadhili Plant Cogeneration Company has 1 investor on record on gritt.io, including 1 early-stage backers.
When did Fadhili Plant Cogeneration Company last raise funding?
The most recent investment in Fadhili Plant Cogeneration Company recorded on gritt.io was in February 2018.
When was Fadhili Plant Cogeneration Company founded?
Fadhili Plant Cogeneration Company was founded in 2016.
What industry is Fadhili Plant Cogeneration Company in?
Fadhili Plant Cogeneration Company operates in Appliances, Electrical, and Electronics Manufacturing. Find similar Appliances, Electrical, and Electronics Manufacturing investors on gritt.io.
Where is Fadhili Plant Cogeneration Company based?
Fadhili Plant Cogeneration Company is headquartered in Jubail Industrial City, Saudi Arabia.