Can equity make a difference?
- From: Vol 5, Issue 2 (February 2004)
- Category: General
- Region: Middle East
- Country: Saudi Arabia
Increasing the level of government equity in the project is unlikely to cut any ice with the sponsors. Private equity might have a different effect.
The Kingdom’s Public Investment Fund (PIF), which will participate in the Shoaiba IWPP as an equity partner, is thought to be considering its shareholder funding options. In January, it requested an estimate of the size of its equity contribution under the project’s proposed capital structure.
The Shoaiba project’s total costs are in the region of SR6.8 ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
