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Air Products, Aramco, ACWA Power, and Air Products Qudra Complete Asset Acquisition and Project Financing Transactions for $12 Billion ASU/Gasification/Power Joint Venture at Jazan, Saudi Arabia

Air Products, Aramco, ACWA Power, and Air Products Qudra Complete Asset Acquisition and Project Financing Transactions for $12 Billion ASU/Gasification/Power Joint Venture at Jazan, Saudi Arabia

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LEHIGH VALLEY, Pa., Oct. 27, 2021 /PRNewswire/ — Air Products (NYSE: APD) today announced the completion of the asset acquisition and project financing transactions for the ~$12 billion air separation unit/gasification/power joint venture (JV) with Aramco, ACWA Power and Air Products Qudra at Jazan, Saudi Arabia.

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