Building confidence to finance the largest projects
- From: Vol 11, Issue 4 (April 2010)
- Category: General
- Region: Middle East
- Country: Bahrain, Kuwait, Saudi Arabia and United Arab Emirates
- Related Companies: Abu Dhabi Water and Electricity Authority and HSBC
The world is a brighter place for financiers than it was 12 months ago, but future power and water deals remain a subject of concern for many.
An independent water and power project in Kuwait is one of a handful of multi-billion dollar regional transactions that have been pinned to longer-term timetables because of concern among clients over the appetite that exists to finance those projects. The financing market appears to be moving in a direction that will ultimately vindicate this approach.
The willingness of established project ...
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