Synergy receives the “ESG Deal of the Year” award at the PFI 2024 Awards

by | Jan 6, 2025 | News

Amit Goel
Synergy Consulting, Inc. is honored and delighted to be the Financial Advisor for Abu Dhabi’s landmark project receiving the “ESG Deal of the Year” award at the PFI 2024 Awards for Abu Dhabi Waste-to-Energy (WtE) Independent Power Project (IPP).

Synergy, acting as the financial advisor, played a pivotal role in optimizing the financing structure for the project. We ensured alignment of funding with project requirements, enhancing its attractiveness to both local and international lenders. With an expected annual processing capacity of 900,000 tonnes of waste, the project is poised to enable a significant reduction in carbon emissions—an estimated 1.1 million tonnes per year—setting a benchmark for future similar projects in the region and beyond.

The sustainable practices embedded in this project are in line with Abu Dhabi’s commitment to Environmental and Social Governance (ESG) principles and the UAE’s long-term national vision for sustainable development.

Synergy Consulting, Inc. is proud to support such strategically important initiatives and remains committed to assisting clients in conceptualizing and developing projects that drive environmental sustainability and social impact across the MENA region and beyond.

Synergy thanks PFI and express gratitude for this recognition and award.

Synergy thanks all stakeholders, including our clients and financial and private participants, for their continued support and trust for making Synergy the Partner of Choice.