Synergy Consulting is honored to be the Financial Advisor for Oman Power and Water Procurement Company (OPWP) for the 500 MW Ibri II Solar Project

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%). Ibri II Solar is first Solar PV Project to […]

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Synergy Consulting is honored to be associated with Umm Al Houl Power as its Financial Advisor for the 61.45 MIGD RO water expansion project

  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 […]

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With Synergy Consulting as Financial Advisor, Tabreed Signs First District Cooling Concession in India

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 project in India awarded on PPP basis and is also Tabreed’s first […]

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SYNERGY SIGNS CAPTIVE SOLAR PROCUREMENT ADVISORY CONTRACT WITH JEDDAH BASED ARABIAN CEMENT COMPANY

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 cement manufacturer based in Kingdom of Saudi Arabia; Synergy has partnered with ATA Renewables, Technical Advisor for […]

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PPPs Could Be the Answer to Improved Healthcare in the GCC

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 demand for healthcare in the GCC is only growing; the result of an ever-expanding […]

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Synergy Consulting Appointed as Financial Advisor to Power Distribution Services Ghana

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 state utility, the Electricity Company of Ghana (ECG). Synergy has partnered with Richard Arkutu. Richard comes with a strong […]

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With Synergy Consulting as the Transaction Advisor, Metito Signs the Concession Agreement for Dammam ISTP

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 Dammam. The project will have an initial capacity of 200,000 m3/day, expandable to 350,000 m3/day and WEC shall […]

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Synergy Consulting is Financial Advisor to the Consortium

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 Procurement Company (OPWP) is the sole off-taker for the project Project is funded by MUFG Bank, Sumitomo […]

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Synergy Consulting Serves as the Transaction Advisor for 300 MW Wind Project in Gujarat, India

With Synergy Consulting as the Transaction Advisor, Saudi Arabia based Alfanar executes Financing Agreements on 29th September 2018 for 300 MW Wind Project in Gujarat, India. Alfanar, a leading developer based in Saudi Arabia for clean energy in Asia, Africa and Europe, achieved financial close (as per the PPA) for 300 MW Wind Project in Bhuj, Gujarat, India. The […]

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