Financial Close achieved for US$920 million Independent Water Producer project in UAE
Dubai Electricity and Water Authority (DEWA) and Saudi Arabia’s ACWA Power have announced the financial closing of the 180 Million Imperial Gallons per Day (MIGD) seawater reverse osmosis (RO) desalination project in Hassyan.
The project, which is the first of its kind utilizing RO (Reverse Osmosis) technology under the Independent Water Producer (IWP) model, involves an investment of AED 3.377 billion (US$920 million). It forms a crucial part of DEWA's initiatives to boost its water desalination capacity to 730 MIGD by 2030, up from the current capacity of 490 MIGD.
Upon the completion of the Hassyan IWP in 2026, the emirate's water desalination capacity will rise to 670 MIGD. This project aligns with Dubai's ambitious strategy to generate 100% of its desalinated water by 2030 through a combination of clean energy sources and waste heat utilization.
Country news
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May 25, 2023
Bids received for multimillion Desalination PPP project in UAE
Dubai Electricity & Water Authority (DEWA) announced that it has received 2 bids for the Hassyan Sea Water Reverse Osmosis (SWRO) Plant.
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February 03, 2023
RFQ issued for Student Accommodation PPP project in UAE
Abu Dhabi Investment Office (ADIO) has issued a Request for Qualifications (RFQ) with Khalifa University (KU) for the development of a Student Housing public-private partnership (PPP) project in Abu Dhabi, UAE.
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January 13, 2023
IADC Conference: Financing Sustainable Marine and Freshwater Infrastructure
How can private capital accelerate the green transition in marine and freshwater infrastructure? This is the overarching question that will be explored at the IADC conference Financing Sustainable Marine and Freshwater Infrastructure on Thursday 9 February 2023 in Dubai, UAE.
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January 12, 2023
EOI issued for Student Housing PPP project in UAE
The Abu Dhabi Investment Office (ADIO) in collaboration with Khalifa University (KU) has launched a Request for Expression of Interest (RFEOI) for the development of the Student Housing public-private partnership (PPP) project in Abu Dhabi, UAE.
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December 22, 2022
Contract awarded for Street lighting PPP project in UAE
The Abu Dhabi Investment Office (ADIO) has selected French consortium Eléctricité de France (EDF) and ENGIE to deliver the Phase 2 street lighting public-private partnership (PPP) project in Abu Dhabi.
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