The contract, signed with Iraq's Ministry of Electricity, calls for joint venture to supply power to Iraq for 10 years, according to a spokesman for Chicago-based Rezmar.
The 250-megawatt power plant is slated to be one of three power plants under construction at the same time. A Brazilian firm and an Iraqi company are building the other two.
The Rezmar joint venture will be based in Jordan. Construction is slated to begin this fall.
