ACWA sounds out banks for $1.2bn Taweelah desal IWP

ACWA Power is currently testing bank appetite for the $1.2 billion Taweelah desalination Independent Water Project in Abu Dhabi. Three unnamed banks have submitted pre-bids for the $800 million debt package, with RFPs expected to launch imminently. Mandates are expected in April 2019, while...