Al Dur 2 IWPP financial close expected this week

Sponsors of the Al Dur 2 Independent Water and Power Project (IWPP) in Bahrain – ACWA Power, Mitsui and Al Moayyed Contracting – are expected to reach financial close this week.The $1.5 billion project is structured on a debt-to-equity ratio of 60/40 with the $900 million debt package...