Friday, August 08, 2008

"The state owned Saudi Electric Company (SEC) has signed a letter of intent to award Alstom a 1.9 billion Euro contract to build a power plant in Shoaiba.
French multinational Alstom is a 20% shareholder in Citypass consortium that has been contracted by Israel to build a light rail in Jerusalem. Alstom is the bigger partner of the two international shareholders in the project." (thanks Marcy)