{"id":2528,"date":"2021-04-05T18:12:54","date_gmt":"2021-04-05T18:12:54","guid":{"rendered":"https:\/\/www.synergyconsultingifa.com\/?p=2528"},"modified":"2021-04-05T18:13:07","modified_gmt":"2021-04-05T18:13:07","slug":"with-synergy-consulting-as-lead-advisor-utico-signs-water-purchase-and-shareholders-agreements-with-dewa","status":"publish","type":"post","link":"https:\/\/www.synergyconsultingifa.com\/ru\/news\/with-synergy-consulting-as-lead-advisor-utico-signs-water-purchase-and-shareholders-agreements-with-dewa\/","title":{"rendered":"With Synergy Consulting as Lead Advisor, Utico signs Water Purchase and Shareholders’ Agreements with DEWA"},"content":{"rendered":"

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Synergy Consulting is the lead financial advisor to Utico FZC which has signed 35-year Water Purchase Agreement (WPA) and Shareholders\u2019 Agreement (SHA) with Dubai Electricity and Water Authority (DEWA), the off-taker for 120 MIGD Hassyan IWP Project (based on Sea Water Reverse Osmosis technology).<\/span><\/span><\/p>\n

Hassyan IWP is DEWA\u2019s first Independent Water Producer (IWP) project, bid proposal for which was submitted in September 2020.<\/p>\n

Synergy led the bid preparation with Utico for submission to DEWA and supported on the onward negotiations with the off-taker, for Utico\u2019s announcement as the Preferred Bidder for the Project in November 2020 and towards this key milestone of project documents\u2019 execution.<\/p>\n

Hassyan IWP achieved a world record for the lowest levelised water tariff of $0.27762 per cubic meter and is expected to be commissioned by March 2024 with a project cost of $410mn (AED 1.5bn).<\/p>\n

WPA and SHA signing marks a significant milestone for Hassyan IWP, which Utico targets to deliver as the most sustainable desalination plant in the UAE with the world\u2019s lowest tariff. Synergy Consulting is honored to be associated with Utico on this exciting transaction.<\/p>\n

https:\/\/lnkd.in\/d_h8H_y<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n

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Synergy Consulting is the lead financial advisor to Utico FZC which has signed 35-year Water Purchase Agreement (WPA) and Shareholders\u2019 Agreement (SHA) with Dubai Electricity and Water Authority (DEWA), the off-taker for 120 MIGD Hassyan IWP Project (based on Sea Water Reverse Osmosis technology). Hassyan IWP is DEWA\u2019s first Independent Water Producer (IWP) project, bid […]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-2528","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"\nWith Synergy Consulting as Lead Advisor, Utico signs Water Purchase and Shareholders' Agreements with DEWA - Synergy Consulting<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.synergyconsultingifa.com\/ru\/news\/with-synergy-consulting-as-lead-advisor-utico-signs-water-purchase-and-shareholders-agreements-with-dewa\/\" \/>\n<meta property=\"og:locale\" content=\"ru_RU\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"With Synergy Consulting as Lead Advisor, Utico signs Water Purchase and Shareholders' Agreements with DEWA - Synergy Consulting\" \/>\n<meta property=\"og:description\" content=\"Synergy Consulting is the lead financial advisor to Utico FZC which has signed 35-year Water Purchase Agreement (WPA) and Shareholders\u2019 Agreement (SHA) with Dubai Electricity and Water Authority (DEWA), the off-taker for 120 MIGD Hassyan IWP Project (based on Sea Water Reverse Osmosis technology). 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