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January 2000
Financing for the s160 million ($154.78 million) Santa Maria da
Feira water and wastewater project closed at the beginning of
December 1999. Santa Maria is the first water project in Portugal
on a non-recourse basis. It involves a 35-year water and wastewater
concession granted by the municipali...
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Project Finance Magazine's pick of the best deals in Asia, Africa and the Middle East of 1999.
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Brnenske Vodarny a Kanalizace (BVK), the water utility joint-owned
by Suez Lyonnais dez Eaux and the Municipality of Brno, has
received s42.5 million ($42.37 million) financing from the European
Bank for Reconstruction and Development. The financing will be used
to upgrade the Brno-Modrice waste...
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Following the financing of the $750 million Taweelah 2 plant, bids
are now open for the second phase of the Taweelah water & power
project. Sponsored by CMS Energy, Taweelah 2 proved to be a
benchmark deal for 1999 (see Project Finance, August 1999). The Abu
Dhabi Water & Electricity (ADWE) is n...