Middle East Economic Survey


No 47


Financing Of Taweelah B Project In Preliminary Stages

The financing for the Taweelah B independent water and power project (IWPP) in the UAE is in the preliminary stages, with the three mandated lead arrangers who were supporting the Marubeni consortium for purchase of the existing assets already in discussions with a second tier of lead arrangers, MEES understands. The Marubeni-led consortium won with a bid of $1.69bn for the existing...