Bahrain

53 articles in Bahrain

Hidd sale peps up IP’s bidding power Vol 13, Issue 5 (May 2012)

The sale of a 40% stake in the Bahraini IWPP marks a major expansion in the region for Malakoff. For market leader International Power, it is part of a rationalisation process that will free it up to bid on future contracts.

MIDDLE EAST WATER IN BRIEF Vol 13, Issue 3 (March 2012)

Dr Abdulmajeed Alawadhi has stepped down as chief executive of the Electricity and Water Authority in Bahrain, to be replaced by royal appointee Shaikh Nawaf bin Ebrahim bin Hamad Al Khalifa. Dr Abdulmajeed said he intends to continue in the private sector, and would also be keeping his role at the Water Science and Technology Association.

Salalah investor seeks more water assets Vol 13, Issue 2 (February 2012)

Bahraini fund manager Instrata has made its latest investment in secondary Middle Eastern power and water assets. While the low-risk returns are attractive, supporting developer groups still represents the best option for investors.

A double dip for new contract gains Vol 12, Issue 11 (November 2011)

David Lloyd Owen reviews the new edition of the Pinsent Masons Water Yearbook and finds difficult financial markets make it an unlucky thirteenth for the private sector.

More asset sales on the cards in Bahrain Vol 12, Issue 10 (October 2011)

International Power is still dealing with the ramifications of the combination with GDF Suez that made it the largest power and water asset owner in the Middle East. Bahrain has become the focal point of its regulatory issues

HIDD AND SEEK Vol 12, Issue 8 (August 2011)

International Power is preparing the sale of a 30% stake in the Hidd power and water plant, the 400,000m3/d & 910MW IWPP that provides some 75% of Bahrain’s water. 30% owner Sumitomo has first refusal to buy the stake, which it has confirmed it will be permitted to hold under Bahraini law.

Market waiting for Hidd IWPP stake sale Vol 12, Issue 8 (August 2011)

Regulations have forced IP to sell off a stake in the Bahrain IWPP. If co-owner Sumitomo chooses not to buy in, it is likely to be a key target for financial investors hungry for stable returns in the troubled region.

Muharraq planners praise Kexim support Vol 12, Issue 8 (August 2011)

As the Middle East’s first water BOT since the Arab Spring nears financial close, the loan pricing has become a key issue. What is clear is that the project would have been impossible without government-backed credit support.

$20m revamp for old Tubli Vol 12, Issue 6 (June 2011)

Bahrain’s biggest WWTP is overused and sorely in need of an overhaul.

GCC aid package threatens Bahrain BOT Vol 12, Issue 6 (June 2011)

Bahrain could be dropping its ambitious wastewater privatisation programme after the GCC ‘stabilisation’ package nearly doubled its infrastructure budget. Does paying for future projects up front make financial sense?