OPWP has signed a 15 year PPA with a consortium led by Saudi Arabia’s ACWA Power for the 500 MW Ibri II Solar PV project in April 2019. Members of the consortium include ACWA Power (50%), Gulf Investment Corporation (40%) and Alternative Energy Projects Company (10%)....

  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...

Synergy Consulting is the financial advisor to Tabreed UAE (National Central Cooling Company), which has signed a 30-year concession to build, own, operate a district cooling system (DC) in Amaravati – the new capital of Andhra Pradesh, India. This is the first DC...

SYNERGY SIGNS CAPTIVE SOLAR PROCUREMENT ADVISORY CONTRACT WITH JEDDAH BASED ARABIAN CEMENT COMPANY Synergy Consulting is appointed Financial Advisor for the study and procurement of 50 MWAC (max. capacity) Captive Solar Plant for Arabian Cement Company, a leading...

Gulf Cooperation Council (GCC) countries have seen marked improvement in health care provisions in the last 10 years. A scarcity of resources, however – including the availability of qualified physicians and nurses – remains a cause for significant concern. And the...

Synergy Consulting is appointed as Financial Advisor to Power Distribution Services Ghana (PDS). PDS has been selected through a competitive procurement process managed by Millennium Development Authority (MIDA) to take over the distribution business of the Ghanian...

The Consortium led by Metito Utilities Limited with Mowah CJSC and Orascom Construction have signed the Sewage Treatment Agreement with Water & Electricity Company (“WEC”) to develop, finance, operate and transfer Independent Sewage Treatment Plant (“ISTP”) at...

Financial Close for Sharqiyah IWP in Oman Synergy Consulting is the financial advisor to the Developer Consortium including JGC Corporation (Japan, 75%), United Infrastructure Development Company (BEC Group, Oman, 20%) and Doosan (Korea, 5%) Oman Power and Water...

DEVELOPING INFRASTRUCTURE PROJECTS IN MIDDLE EAST AND AFRICA