DEALS
- From: Vol 5, Issue 9 (September 2004)
- Category: Need to know
- Region: Unspecified
- Country:
- Related Companies: AES Oasis, Aguas del Altiplano, Aguas Magallanes, Aguas Novena, Banco Bilbao Vizcaya Argentaria, Banco de Credito e Inversiones, Bank Muscat, Bayerische Landesbank, Citibank, Corpbanca, GIB, HSBC, International Power, KBC Bank NV, Mitsui & Co., Saudi Oger, Solari Group and Sumitomo
Algeria announced another private sector desalination project – its ninth by our count. The latest deal is for a 50,000m<sup>3</sup>/d SWRO plant at Jijel with bids due in October.
The problem for the Algerian Energy Company (AEC) is that none of the projects it has awarded so far have reached financial close. AEC is still trying to find a way forward for Kahrama, the project company implementing the Arzew IWPP.
However, the Hamma project is looking good. OPIC appears to have signed up as one of the lenders and ...
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