MIDDLE EAST BOOM

It has been a busy month for Middle East IWPPs. Three projects have finalised advisory appointments and are set to move forward while two more have reached financial close.

Qatar’s Ras Laffan B project closed at the start of April, while the financing for Abu Dhabi’s massive Taweelah B IWPP was completed at the end of the month. JBIC is providing the bulk of the funds – a cool $1.2 billion – for Taweelah (see story p13).

On the advisory front, the UK’s Mott MacDonald has been ...

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