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Iraq signs deal with US firm to produce 24,000 MW of electricity

Middle East News

09-04-2025 | 10:40

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Iraq signs deal with US firm to produce 24,000 MW of electricity

Iraq on Wednesday signed a memorandum of understanding with U.S. energy firm GE Vernova to produce 24,000 megawatts of electricity, the government said, during a visit by an American trade delegation.

It marks "the largest and most advanced electricity generation initiative in Iraq's history," Prime Minister Mohammed Shia al-Sudani's office said in a statement. "The memorandum also includes provisions for securing external financing through major global banks," it added.

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