VOL. XLVI

No 47

24-November-2003

UAEENERGY FINANCE

Taweelah A2 Refinancing Unlikely To Be Completed By Year End

The refinancing for Abu Dhabis Taweelah A2 combined cycle power/desalination plant is unlikely to be completed before the end of the year, MEES understands. The financing appeared to be nearing completion earlier this year (MEES 14 July) after being put on hold for some time. However,it now appears to be delayed as the two shareholders, Abu Dhabi Water and Electricity Authority (ADWEA)...