News
14 April 2020

UAE's Umm al Quwain desal project draws down debt

In:
Infrastructure, Waste and water
Region:
Middle East & Africa

Sponsors of the $900 million Umm al Quwain desalination plant in the UAE – ACWA Power (40%), Mubadala's MDC Power Holding Company (40%) and Federal Electricity & Water Authority (20%) – are  drawing down the debt stapled to the scheme. The deal reached financial close in...

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