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RLPC
2010-04-22 14:41:32

RLPC, a subsidiary Qatar Electricity & Water Company Will has reached a deal with AES Corporation to acquire AES’s shares in Ras Laffan Power Company (RLPC)

َQatar Electricity & Water Company (QEWC) has reached a deal with AES Corporation to acquire AES’s shares in Ras Laffan Power Company (RLPC) and Ras Laffan Operating Company (RLOC).  
The Share Purchase Agreement will be signed between QEWC and AES Corporation on Saturdays 24 April at 11:00 am at QEWC Head Office in Doha
QEWC by acquiring the shares of AES Corporation in RLPC and RLOC will increase its share in RLPC from 25% to 80% and in RLOC from 30% to 100%.

 

Source: Qatar Exchange