Mitsui & Co., Ltd. (`Mitsui`, Head Office: Tokyo, President and CEO: Tatsuo Yasunaga) and AES Jordan Solar B.V., a subsidiary of AES Corporation, one of the largest power companies in the United States (`AES`), through a jointly established project company, entered into a 20-year Power Purchase Agreement (`PPA`) with National Electric Power Company (`NEPCO`) of the Hashemite Kingdom of Jordan on April 26, 2017. The total project cost is approximately US$ 50 million and the project company is indirectly owned 40% by Mitsui and 60% by AES. This project, with a capacity of 52 MW, will be located at Al Manakher, 25km east of the capital...
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