PRIVATE RESURGENCE
- From: Vol 10, Issue 7 (July 2009)
- Category: Need to know
- Region: Middle East
- Country: Bahrain, Libya and Saudi Arabia
- Related Companies: ACWA Power, Alinma, Electricity and Water Authority, Bahrain, General Desalination Company, General Electricity Company of Libya, Hyflux, Korea Electric Power Corp, Saline Water Conversion Corporation and Saudi Water and Electricity Company
Saudi Arabia has taken another step away from private finance for its big power and water projects, despite signs that banks are regaining their appetite for such deals.
In April this year, the Saline Water Conversion Corporation announced that the 1,000,000 m3/d Ras Azzour project would be financed by the government, and this month it conceded that the joint SWCC and Marafiq project at Yanbu would also be financed out of public funds. The 550,000m3/d and 1700MW water and power plant on the ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
