Haya Power and Water Desalination Company

Al Dur 2 IWPP - Euler Hermes\ SEP Loan

Industry
Power/Gas-fired combined cycle
Area of finance
Project & Infrastructure Finance
Region
Middle East
Middle East
Countries
Bahrain

Deal Overview

The $1.5 billion Al Dur 2 independent water and power project (IWPP) financing achieved a record length tenor for an uncovered local bank tranche, an indirect benefit of ECA support.

Deal Volume
$890m
Financial Close
01/07/2019
Dealmakers
Alexander Wuermeling

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Christoph Harendza

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Sources
Submitted by participant(s)

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Tranches

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Project Deals

Al Dur 2 IWPP Project
$1.5bn
Brownfield
Gas-fired combined cycle
Middle East
Middle East
Bahrain