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Canada’s SNC Lavalin has signed two contracts worth a total of $1,139 million to build and operate the 1,227-MW Hadjret Ennous power plant in Tipaza, almost seven months after the original awards were made (MEED 23:12:05). The contracts were signed with a newly-created project company, Shariket Kahraba Hadjret Ennous (SKH). SKH is 51 per cent owned by Algerian Utilities International, a 51:49 joint venture of SNC and Abu Dhabi government-owned Mubadala Development Company. The remaining 49 per cent is shared between the three major state energy companies: Sonatrach, Sonelgaz and the client, Algerian Energy Company.