Synergy Consulting, Inc., is honored to have acted as Financial Advisor to the consortium of Marubeni Corporation (Japan), Hitachi Zosen Inova (Switzerland), and Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN) from the bid preparation and submission stage to achievement of Financial Close for the Waste-to-Energy Project in Abu Dhabi, United Arab Emirates (UAE)

Synergy Consulting, Inc., is honored to have acted as Financial Advisor to the consortium of Marubeni Corporation (Japan), Hitachi Zosen Inova (Switzerland), and Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN) from the bid preparation and submission stage to achievement of Financial Close for the Waste-to-Energy Project in Abu Dhabi, United Arab Emirates (UAE).

The Abu Dhabi Waste-to-Energy IPP Project was tendered by Emirates EWEC (Emirates Water and Electricity Company) and Tadweer Group in June 2022 with a concession tenor of -33 years, financed by multiple local and international lenders.

The Waste to Energy plant, located near the Al-Dhafra landfill, is set to be the world’s most advanced Waste-to-Energy facility.

This is a landmark milestone for UAE’s circular economy, processing 900,000 tonnes of non-recyclable waste annually and reducing carbon dioxide emissions by 1.1 million tonnes per year.