IN BRIEF – MIDDLE EAST
- From: Vol 9, Issue 1 (January 2008)
- Category: Brief
- Region: Middle East
- Country: Algeria and Bahrain
- Related Companies: ACS Cobra-Tedagua, ACWA Power, Banque Nationale d’Algérie, Befesa, Credit Populaire d’Algerie, Hyflux, International Power, Kepco, Malakoff, Marubeni, National Power Co, Reliance Energy, S.V. Ledico Libia, Sacyr, Saudi Oger, SembCorp Utilities, Sojitz Corporation, Suez, Sumitomo, TAQA, Tenaga Nasional Bhd and Veolia Water
* Algeria’s desalination programme has seen a further two projects reach financial close in the past month.
The 200,000m3/d Tlemcen-Hounaine SWRO project, developed by the Geida consortium of Befesa, ACS and Sacyr Vallehermoso, was the first to close on 30 December. The $230 million project finance was arranged by local bank CPA (Crédit Populaire d’Algérie). The 200,000m3/d SWRO project at Souk Tleta followed, achieving financial close on 15 ...
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