IPR-GDF SUEZ Middle East, Turkey & Africa (META) is one of International Power plcs six core business regions worldwide.
International Power plc is a leading independent electricity generating company with 75,579MW gross (43,288MW net) in operation and a significant program of 12,820MW gross (5,868MW net) projects under construction as at 31 December 2011. The company is present in 30 countries across six regions worldwide. Together with power generation, International Power is also active in closely linked businesses including downstream LNG, gas distribution, desalination and retail. It is listed on the London Stock Exchange with ticker symbol IPR. GDF SUEZ holds a 70% interest in International Power plc.
In the Middle East, Turkey & Africa region (META), International Power has a direct equity interest in more than 26 GW power capacity and almost 4.8 million m/day of desalination capacity in operation and under construction. In the GCC, it is the leading operating independent power and desalinated water producer, with over 15 years of experience. In Turkey, International Power has two plants in operation with a total capacity of 1.2 GW, and runs a natural gas distribution and retail company, IZGAZ, with over 200,000 subscribers east of Istanbul. In Africa, International Power is actively pursuing a number of projects, specifically in Morocco and South Africa.