VOL. XLIV
No 35
27-August-2001
UAE
Ras AbuFontas B $160Mn Facility Signed In London
The $160mn syndicated loan agreement for the QatarElectricity and Water Company (QEWC) Ras Abu Fontas B electricity/desalinationplant was signed with a consortium of eight banks in London on 15 August. Asource at the Royal Bank of Scotland, which is acting as financial advisor tothe project, told MEES that in thefinal transaction all eight banks took and held $20mn, thereby obviating theneed for general...
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