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GDF SUEZ: 3 wins out of 4
02 February 2011
Middle East Sponsor of the Year 2011
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Whereas 2010 was a banner year for GDF SUEZ, winning three out of the four tendered greenfield independent power projects in the Middle East, 2011 will be a transformative one with the full integration of International Power.
“We didn’t expect 2010 to go so well,” says Karel Breda, head of acquisitions, investments and financial advisory for Middle East and North Africa, GDF SUEZ. “Winning one out of three or one out of four projects would be considered successful, so we are extremely happy to win three out of four.”
“We have been seen us a regional office focusing on development, but which has become a real company looking at development, operation and management of assets that is constantly looking to exploit synergies,” adds Breda.
In late 2009 and early 2010, the year looked as though it might be marked...
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