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$1.34bn Fujairah IWWP deal
- United Arab Emirates: Thursday, December 28 - 2006 at 07:39
Abu Dhabi Water and Electricity Authority has signed a $1.34bn deal with Singapore-based Sembcorp Utilities for Fujairah's independent water and power project, Gulf News reported. Barclays bank led a consortium of banks for the finance. The project is expected to raise the plant's power generation from 650MW to 850MW and daily water capacity to 100m gallons.
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James McInerney, News EditorThursday, December 28 - 2006 at 07:39 UAE local time (GMT+4)
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This article was updated on Sat Jan 13 2007.
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