Middle East Economic Survey

VOL. LII

No 26

6-Jul-2009

BAHRAIN

Al Dur IWPP Secures Financing

Bahrains Al Dur independent water and power project (IWPP) has secured financing, with the signing of financing documentation taking place on 29 June, MEES learns. A total of 20 banks participated in the deal despite the difficult conditions that have characterized global markets since September 2008. Its successful completion is encouraging, especially given that in the energy sphere the regional Dolphin...