More asset sales on the cards in Bahrain
- From: Vol 12, Issue 10 (October 2011)
- Category: General
- Region: Middle East
- Country: Bahrain
- Related Companies: GdF Suez and International Power
International Power is still dealing with the ramifications of the combination with GDF Suez that made it the largest power and water asset owner in the Middle East. Bahrain has become the focal point of its regulatory issues
The largest holder of independent water and power assets in the Middle East is committed to further asset sales in Bahrain over the coming year as it seeks to deal with local ownership regulations following its business combination with GDF Suez.
International Power is widely believed to be preparing a sale of a 30% stake in the 400,000m3/d ...
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