Doha – Mubasher: Nibras Energy inked on Tuesday an agreement with Qatar Electricity and Water Company (QEWC) to acquire the latter’s stake of AES Oasis Limited shares in Amman East Power Station, Jordan.
QEWC, listed in Qatar Stock Exchange, earlier posted a net profit of about QAR 1.14 billion in the first nine months of 2015, compared to around QAR 1.17 million in the same period last year.
Earnings per share dropped to QAR 10.37 in the above period from QAR 10.63 in the same period last year.