UAE
 
ADWEA Introduces Financing Change To IWPP Process
 
For its next independent power project (IWPP), Abu Dhabi Water and Electricity Authority (ADWEA) has introduced flexibility into the financing process in order to allow a greater number of banks to participate, MEES learns.
 
The company has put the Mirfa IWPP up for tender, which will produce 1,400-1,600mw of power and 52.5mn gallons/day of desalinated water, and developers are due to respond by February next...