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Suez, Barka and Al Rusail finance
- Oman: Monday, February 26 - 2007 at 16:41
Suez Energy International, alongside its consortium partners the Mubadala Development Company and the National Trading Company, have completed the limited recourse financing of the SMN Barka Power Company, the owner of the greenfield Barka 2 independent water and power project, as well as the acquisition of the Al Rusail Power Company in Oman. A syndicate of international and regional banks are providing the $800m worth of loans.
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Jonathan Sheikh-Miller, Deputy EditorMonday, February 26 - 2007 at 16:41 UAE local time (GMT+4)
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This article was updated on Sat May 26 2007.
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