Rabigh 2 CCGT IPP expansion (2,313.5 MW, carbon-capture ready) – financial close reached (SAR 9.69bn financing), moving to construction
توسعة محطة رابغ 2 للدورة المركبة (2,313.5 ميجاواط) – الإغلاق المالي بتمويل 9.69 مليار ريال والانتقال إلى الإنشاء
Power-plant mechanical, piping, HV and civil subcontractors should track the EPC packages now that the 2.3 GW Rabigh 2 CCGT is financed.
| Type | Contract award |
|---|---|
| Status | Contract awarded – subcontracting open |
| Country | Saudi Arabia · Rabigh |
| Client / owner | Al Morjan Two Electricity Co. (ACWA Power 40% / Saudi Energy) |
| Value | USD 2580M |
| Announced | 04 Oct 2026 |
| Project type | Power plants & renewables, Substations & transmission grids |
Trades and packages needed
- Mechanical erection & equipment installation (main package)
- Process piping fabrication & welding (main package)
- Electrical & instrumentation (E&I) installation (main package)
- MV/HV substations & transmission lines (main package)
- Concrete works (in-situ) (main package)
- Heavy lifting, rigging & transport (main package)
- Structural steel fabrication & erection
- Piling & deep foundations
- Industrial hot & cold insulation
- NDT, inspection & certification
- Scaffolding & access
- Camps, temporary facilities & catering
What to do
The contract has been awarded. The winner will now buy materials and subcontract packages – contact their procurement team.