Power Generation - Northern West Bank
PADICO HOLDING’s investments in the infrastructure sector are motivated by its commitment to nation building. The company has partnered with a number of local and regional investors to establish the Palestine Power Generation Company Plc (PPGC). PPGC will be the first power generation plant in the West Bank and will operate at an initial capacity of 200 MW, which will eventually be increased to 400 MW. The project will be implemented through a Build Own Operate (BOO) mechanism, in accordance with PADICO HOLDING’s vision to execute various projects in close partnership with the public sector. The project’s total investment cost amounts to USD 300 million. USD 120 million is financed through equity, while the rest is financed through medium- and long-term loans.