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01.

Power Generation

We are powering 1.5 million homes in Kurdistan and Iraq; supplying the demand deficit in the Region.

We develop, build and operate power generation plants and also explore opportunities to further secure available power capacity from the international market in support of the country's objective of closing the current power shortages in Iraq and meeting future demand.

Stimulating local development

We have created over 3,000 jobs indirectly and continue to collaborate local businesses into our procurement and maintenance scopes

1.5 million homes

We power over 1.5 million homes across Iraq and contribute to the daily power availability consumers can enjoy, closing in our target for 24 hours electricity.

1250MW Power Capacity

We are generating 1,250MW of electricity as of today  (Excluding Saavi)

 

Environmental Initiative

Our projects are considered as generators of Green Energy by the European Commission and therefore considered as Sustainablere to begin editing.

Energy Security

We aim to reduce the power deficit in Iraq through our significant investments and bring a better quality of living to the people. 
 

FDI- International Partners

Our investments support the economic development in Iraq and KRI by attracting Foreign Direct Investments into Iraq through our partners.

Bazian-I 750MW Power Plant

SUMMARY

In 2016, we financed, built and commissioned our first 500MW Simple Cycle Power Plant in the Kurdistan Region of Iraq.

The plant carried out its phase 2 expansion with a 250MW Combined Cycle Add-on. The Plant now has a total generating capacity of 750MW Combined Cycle.

LOCATION

Kurdistan, Iraq

YEAR

2016 500MW Simple Cycle
2023 250MW CCGT

Contractor

Calik Enerji

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Bazian-II 500MW Power Plant

SUMMARY

In 2021, we financed, built and commissioned our second 500MW Simple Cycle Power Plant in the Kurdistan Region of Iraq.

The Plant was constructed by Calik Energy on a fast-track basis and energised in Q4-2022

LOCATION

Kurdistan, Iraq

YEAR

Q4 2022 500MW Simple Cycle
 

Contractor

Calik Enerji

Saavi Energy: 3200MW Power Plant 

SUMMARY

We acquired a stake in Saavi Energia in partnership with Global Infrastructure Partners and Mubadala Investment Company in 2021.  

Saavi is a private power generation company with more than 20 years of experience in Mexico with assets positioned in the main industrial areas. Saavi is the 4th largest IPP in Mexico with over 11 energy facilities  compromising of 6 CCGT, 1 GT, 1 Wind farm and 3 Compression Stations.

LOCATION

Mexico, Latin America

YEAR

Founded in 1995

Information:

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