VOL. XLVI

No 27

07-July-2003

UAE

New Power Companies In Abu Dhabi Involved In Umm Al-Nar Expansion

Further details have emerged of the two new power companies recently established in Abu Dhabi, the United Arabian Power Company (UAPC) and the Arabian Power Company (APC MEES, 30 June). While the first is government-owned, the second will be controlled (with a 60% stake) by UAPC. The remaining 40% share will be held by ITM Investment Company, a joint venture involving International Power (50%),...