IBJ appointed lead arranger for Ras
- From: Vol 2, Issue 7 (July 2001)
- Category: General
- Region: Middle East
- Country: Qatar
- Related Companies: AES Corporation, Fisia Italimpianti, Gulf Investment Corporation and Qatar Electricity & Water Co
AES Corporation has appointed the Industrial Bank of Japan (IBJ) as lead financial arranger for the Ras Laffan IWPP. The new power and water plant will be located at Ras Laffan Industrial City, 80km north of Doha.
The facility will be project financed with a likely debt/equity structure of 80:20. Details of the final financial arrangements have yet to be concluded, but IBJ may elect to solicit additional support from other
international banks as there is keen interest in this, and other utility projects, in Qatar.
AES submitted the most competitive power and water tariff ...
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