Middle East Economic Survey

VOL. L

No 8

19-Feb-2007

UAE

Financing Of Taweelah A1/A10 IWPP Closes, Attracting 23 Banks

The financing of the Taweelah A1/A10 IWPP, which combines a refinancing of the Taweelah A1 deal and the A10 expansion (250mw), reached financial close on 14 February after attracting 23 banks including bookrunners BNP Paribas and Calyon. The banks comprise Bayerische Landesbank, Dexia Bank, DZ Bank, Kreditanstalt fur Wiederaufbau, Mizuho, Natexis, Standard Chartered, Sumitomo Mitsui...