 |
Shuweihat plant achieves commercial operational statusThe Shuweihat S3 Power Plant in Abu Dhabi, UAE, has achieved commercial operational status, adding key power generation capacity to the emirate. International law firm Trowers & Hamlins advised the project sponsors, a consorti More… |
 |
Acwa Power buys stake in UAE projectSaudi-based Acwa Power has entered into an agreement with Sumitomo Global Management Corporation, a subsidiary of Sumitomo Corporation, to acquire its 20 per cent stake in a UAE project. Acwa will buy the stake in Shuweihat CMS In More… |
 |
Abu Dhabi project secures $2.15bn financingAbu Dhabi has sealed a $2.15 billion long-term financing deal for its Shuweihat 2 water and power project, signalling the return of appetite for regional project finance, officials and bankers said on Monday. The 22-year financing for the More… |
