IP and Marubeni sign F2 PWPA
- From: Vol 8, Issue 8 (August 2007)
- Category: General
- Region: Middle East
- Country: United Arab Emirates
- Related Companies: Calyon, International Power, Marubeni, Sidem and SMBC
Abu Dhabi’s largest greenfield IWPP is on track after the signing of a key project document earlier this month. The financing structure remains open.
International Power and Marubeni formally sealed the Fujairah 2 independent water and power project in Abu Dhabi on 1 August, inking the key 20-year power and water purchase agreement for the $2.8 billion project. Having been named as first-ranked bidders back in June, the consortium had been hotly tipped to seal the deal to develop the 130MIGD (590,992m ...
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