Middle East Economic Survey
Taweelah-B Power/Water Financing Expected To Move Ahead Quickly
Financing of the $3bn Taweelah-B power/desalination project in Abu Dhabi is expected to move ahead quickly, following the signing of the power and water purchase agreement (PWPA). A consortium led by Japans Marubeni on 19 January signed an agreement with Abu Dhabi Electricity and Water Authority (ADWEA) to develop Taweelah-B see below.
MEES understands that Marubenis...