Umm Al Houl Power Company (“UHP”) has signed an amendment to their existing PWPA Agreement with Qatar General Electricity and Water Corporation (“KAHRAMAA”) for Facility D IWPP. Under the amended PWPA Agreement, UHP will undertake an expansion of the RO water desalination capacity of Facility D IWPP, raising the total desalination capacity of the Facility D IWPP to ~198 MIGD by 2021, which is expected to serve ~40% of the total potable water demand of Qatar.
Synergy Consulting in its capacity as the Financial Advisor supported UHP in proposal preparation for expansion of desalination capacity of Facility D IWPP, subsequent negotiation with the Kahramaa, negotiations with existing lenders on the consent process as well as supported UHP and the Sponsors in arranging committed financing from the lenders.