Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
| Deal Date: | 07-10-2014 | Practice Area: | Project Finance and Infrastructure |
| Deal Title: | Abu Dhabi Water and Electricity Authority - Mirfa Project | Industry: | Electricity |
| Description: |
White and Case LLP advised the Abu Dhabi Water and Electricity Authority (ADWEA) on the successful financial close of the USD1.5 billion Mirfa Independent Water and Power Project.
The power and water desalination facility, which is scheduled to begin preliminary operation in the summer of 2016, will be developed and managed by GDF Suez, following the award of a 25-year contract. ADWEA will hold an 80 percent equity stake in the venture, with GDF Suez holding the remaining 20 percent. Financing has been provided by a combination of local and international banks.
The White and Case project team was led by partner Michael Watson following the retirement of Alexander Kritzalis, assisted by counsel Luke Robottom, associates Yasser Riad, Raymond Azar and Josephine Diez. The White and Case financing team was led by partner Jason Kerr, and assisted by associates Matthew Wood and Nneka Wood.
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| Financial Center: | Abu Dhabi | Value: | 0.00-0.00 |
| Advised Party: | Equity Sponsor | Law Firm | White & Case |
| Project Location | UAE | Equity Sponsor | UAE |
| Classification: |
Project Finance Power |
Lawyer | Michael Watson |
