The 2011 Global Water Awards: Desalination Deal of the Year
- From: Vol 12, Issue 2 (February 2011)
- Category: Market insight
- Country: China, France, Oman, Qatar, Saudi Arabia and United Kingdom
- Related Companies: ACWA Power International, AES Corporation, Aqualyng, Beijing Enterprises Water Group, Bredin Prat, China Construction Bank, Clifford Chance, GdF Suez Energy International, Goldman Sachs, International Power, JP Morgan, KfW, Linklaters, Morgan Stanley, Nomura, Oman Investment Corporation, Qatar Electricity & Water Company, Rothschild, SembCorp Utilities and Standard Chartered Bank
For the deal signed during 2010 which represents the most significant step forward for the industry in terms of financial innovation or in meeting the demands of challenging circumstances.
Caofeidian, China
What is it?
A RMB420 million ($63.7 million) deal to finance a 50,000m3/d SWRO plant in the Tangshan Caofeidian Industrial Development Zone in China’s Hebei Province.
Who is responsible?
Norwegian desalter Aqualyng is developing the plant on a 30-year BOT basis, in partnership with Beijing Enterprises Water Group (BEWG). The project company borrowed RMB294 ...
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