Salalah IWP reaches financial close

On 18 September the $134 million Salalah independent water project (IWP) in Oman reached full financial close. Sponsored by ACWA Power (50%), Veolia (35%) and Dohofar Desalination Company (15%), the project is backed by a 20-year water purchase agreement (WPA) with state-utility Oman Power Water...