BIG DEALS

* GWI went to press as we were still waiting for confirmation of the financial close of the $2.5 billion Shoaiba IWPP project in Saudi Arabia.

It is the biggest ever private financing of a water project. There doesn\'t seem to be anything to stop financial close happening on 21 January - all the other major agreements relating to the deal have been signed (see p35). Shoaiba is one of several IWPPs that needs to be financed. The demand for funds is going to keep bankers ...

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