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Energy China, Saudi Arabian energy company reach strategic cooperation agreement

June 12, 2018


Abstract : China Energy Engineering Group Co., Ltd (Energy China) signed strategic cooperation agreement with Saudi Arabia-based ACWA Power in Dubai.

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BEIJING, June 12 (Xinhua) -- China Energy Engineering Group Co., Ltd (Energy China) signed strategic cooperation agreement with Saudi Arabia-based ACWA Power in Dubai.

The two sides will conduct in-depth cooperation in investment, exploration and operation of global electricity and sea water desalination projects.

Wang Jianping, chairman of Energy China, noted that Energy China is looking forward to providing one-stop solutions for ACWA Power by bringing its advantages in the whole industrial chain into full play.

ACWA Power boasts 40 projects under construction or operation, with the management assets surpassing 33 billion U.S. dollars. (Edited by Zhang Yuan, zhangyuan11@xinhua.org)

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