BNPP consortium takes Kuwaiti advisory contract
- From: Vol 11, Issue 4 (April 2010)
- Category: General
- Region: Middle East
- Country: Kuwait
- Related Companies: BNP Paribas, Chadbourne & Parke, Citibank, Ernst & Young, HSBC, Lahmeyer International and Ministry of Electricity & Water
The preparatory process for Kuwait’s first IWPP will determine the path for the wider adoption of the model in the country’s water and power sector. The choice of advisory team was crucial.
A consortium of BNP Paribas (financial and lead) , Chadbourne & Parke (legal) and Lahmeyer (technical) was awarded a mandate on 22 March to advise on the procurement of Kuwait’s first independent water and power project.
The Partnerships Technical Bureau (PTB), part of the Kuwaiti Ministry of Finance, selected the BNPP-led team ahead of three other shortlisted consortia led respectively by ...
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