Friday 1 August 2014
 
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Shuweihat 2

Abu Dhabi power plant to price project bond

Abu Dhabi's Shuweihat 2 (S2) power and water plant plans to price a project bond worth up to $825 million on Thursday, arranging banks said. S2 is 54 per cent owned by Abu Dhabi National Energy Co (Taqa). Early price talk for

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Abu Dhabi readies $1.1bn for key power project

The financing for the $3.2 billion Shuweihat 2 power project in Abu Dhabi is expected to be closed by mid-July, with six banks to commit to the remaining $1.1 billion commercial loan, said a report. Each bank will make an investment of abo

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