Project development company Badr Investments is leading a consortium that is trying to raise $425 million for a CSP plant in Jordan.

The newly-formed consortium, Yatagan, is a collaboration between BADR Investments, Chescor Capital (an independent international investment banking group with a focus on the Middle East and South Asia), maisam architects & engineers and Parsons Brinckerhoff (an engineering and construction management company), as well as a number of regional and international companies.

BADR Investments recently confirmed its plans for a project featuring CSP technology in Ma’an, located south of Amman, Jordan’s capital.