Sohar Power Company launches IPO
- From: Vol 9, Issue 7 (July 2008)
- Category: General
- Region: Europe
- Country:
- Related Companies: Bank Muscat, Sohar Power Company , Suez and Tractebel
Retail investors will have the opportunity to buy directly into an independent water and power project next month, when the IPO of the Sohar desalination plant goes live. The projected financials make interesting reading.
Sohar Power Company launched its IPO process on 2nd July, which will see it float 35% of its equity on the Muscat Securities Market. SPC owns and operates the 150,000m3/d & 585 MW power and desalination plant located at Sohar in Oman, and is the country’s single largest operating power and water company, producing 34% of Oman’s ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
