MIDDLE EAST WATER IN BRIEF
- From: Vol 12, Issue 5 (May 2011)
- Category: Brief
- Region: Middle East
- Country: Bahrain, Oman, Saudi Arabia and United Arab Emirates
- Related Companies: Abu Dhabi National Energy Company (TAQA), ACWA Power, Credit Agricole Indosuez, Kexim, Natixis, Oman Power and Water Procurement Company, Saline Water Conversion Corporation and SMBC
Abu Dhabi’s national energy company, TAQA, saw income from its power and water division rise 13% to AED1.7 billion ($453 million) year-on-year in the first quarter of 2011.
* The commissioning of the Fujairah 2 IWPP added to the rise at TAQA, which owns stakes in eight IWPPs in the Middle East. Total revenue for the quarter was AED5.5 billion ($1.5 billion).
* Dubai-based developer and operator ACWA Emirates has been awarded two contracts to construct water and wastewater projects in Saudi Arabia. One plant will produce 11 ...
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