VOL. XLIV

No 34

20-August-2001

UAE

UK/US Consortium Signs $1.6BnShuweihat Private Power/Desalination Contract

TheUKs International Power and CMS Energy of the US announced on 15 August thatthey had signed a 20-year power and water purchase agreement with Abu DhabiWater and Electricity Authority (ADWEA) for the $1.6bn Shuweihat S-1power/desalination project. ADWEA announced last March that the consortium hadwon the tender for the project, which will comprise a gas-fueled 1,500mwcombined cycle...