{"id":5600,"date":"2024-04-30T14:17:59","date_gmt":"2024-04-30T14:17:59","guid":{"rendered":"https:\/\/www.synergyconsultingifa.com\/?p=5600"},"modified":"2024-05-06T14:09:45","modified_gmt":"2024-05-06T14:09:45","slug":"global-water-awards-2024-synergy-acted-as-lead-and-financial-adviser-to-swpc-for-this-transaction","status":"publish","type":"post","link":"https:\/\/www.synergyconsultingifa.com\/ru\/news\/global-water-awards-2024-synergy-acted-as-lead-and-financial-adviser-to-swpc-for-this-transaction\/","title":{"rendered":"Global Water Awards 2024 &#8211; Synergy acted as lead and financial adviser to SWPC for this transaction"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;section&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row admin_label=&#8221;row&#8221; _builder_version=&#8221;4.16&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.25.0&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-5433 size-full\" src=\"https:\/\/www.synergyconsultingifa.com\/wp-content\/uploads\/2024\/04\/Global-Water-Awards.jpg\" alt=\"\" width=\"100%\" height=\"418\" \/><\/p>\n<p><a href=\"https:\/\/www.linkedin.com\/company\/synergy-consulting-inc\/\" target=\"_blank\" rel=\"noopener\">Synergy Consulting, Inc.<\/a>, is honored and delighted to support the <a href=\"https:\/\/www.linkedin.com\/company\/water-electricity-co\/\" target=\"_blank\" rel=\"noopener\">Saudi Water Partnership Company<\/a> (SWPC) as the Lead and Financial Advisor for the transaction in the project Jubail 3A IWP, Saudi Arabia.<\/p>\n<p>The \u201cDesalination Project of the Year\u201d Award 2024 was presented at the <a href=\"https:\/\/www.linkedin.com\/company\/global-water-summit\/\" target=\"_blank\" rel=\"noopener\">Global Water Summit<\/a> on 15th April 2024 in London.<\/p>\n<p>Synergy Consulting acted as Lead and Financial Advisor to SWPC for Jubail 3A IWP Project (600,000 m3\/ day RO plant with 1 day production storage) that achieved Financial Close in Dec 2020. The Project Agreements were signed by SWPC with comprising ACWA Power, Gulf Investment Corporation &amp; Al Bawani Water &amp; Power Company in May 2020. Project achieved commercial operations date in Q2 2023.<\/p>\n<p>The project is one of the largest Seawater Reverse Osmosis plants in the world had achieved the lowest tariffs (for projects which had achieved financial close till 2020) in the region. This achievement marked the milestone for SWPC. The project is first of its kind in the Kingdom due to its integration with photovoltaic (PV) solar power. It encompasses a 45.5 MW solar PV power generation facility, which will account for 20% of the plant\u2019s energy consumption and will deliver clean water to over 3 million people at a record-breaking tariff of 0.41 USD\/m3, using reverse osmosis technology. The plant\u2019s utilisation of advanced PV and RO technologies will reduce carbon emissions by 60,000 tons\/year supporting social and economic advancement in line with Saudi Vision 2030.<\/p>\n<p>The transaction highlights successful completion of announcement of preferred bidder, negotiations on the project documents &amp; achievement of Financial Close.<\/p>\n<p>Synergy provided the following services as part of mandate:<\/p>\n<p>\u00b7 Supported SWPC for all internal approvals to release the RFP package<br \/>\u00b7 Managed coordination with legal and technical advisors throughout the bid process, including release of clarification to bidders;<br \/>\u00b7 Undertook bid evaluation from a commercial perspective &amp; assisted other advisors on valuation of legal and technical aspects of bid submissions;<br \/>\u00b7 Assisted in the selection of the preferred bidder and negotiation with the preferred bidder on all aspects of the Project;<br \/>\u00b7 Supported SWPC in finalization of Project Agreements &amp; in meeting its condition precedents under Project Agreements;<br \/>\u00b7 Coordinated with SWPC to support the developer to achieve the financial close of the project<br \/>\u00b7 Prepared and submitted a Project Delivery report covering all learnings during the transaction to SWPC<\/p>\n<p>Synergy is honored to be associated with SWPC for Jubail 3B IWP &amp; for other marquee privatization programs such as ISWR and IWTP, being part of the Kingdom\u2019s PPP program for Water Sector &amp; Saudi Arabia Vision 2030.<\/p>\n<p>Synergy thanks the Global Water Summit for recognition &amp; all stakeholders, clients, financial &amp; private partners, and govt. institutions for their support &amp; trust in making Synergy the Partner of Choice.<\/p>\n<p>Read the full article here: <a href=\"https:\/\/lnkd.in\/grK633Vn\" target=\"_blank\" rel=\"noopener\">https:\/\/lnkd.in\/grK633Vn<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Synergy Consulting, Inc., is honored and delighted to support the Saudi Water Partnership Company (SWPC) as the Lead and Financial Advisor for the transaction in the project Jubail 3A IWP, Saudi Arabia. The \u201cDesalination Project of the Year\u201d Award 2024 was presented at the Global Water Summit on 15th April 2024 in London. Synergy Consulting [&hellip;]<\/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":"on","_et_pb_old_content":"<img class=\"aligncenter size-full wp-image-4722\" src=\"https:\/\/www.synergyconsultingifa.com\/wp-content\/uploads\/2024\/01\/Ankit-Charu.jpg\" alt=\"Promotion of Ankit Chaturvedi to Partner\" width=\"100%\" height=\"auto\" \/>\r\n\r\nSynergy Consulting, Inc. is delighted to announce the <strong>promotion<\/strong> of Ankit Chaturvedi to <strong>Partner<\/strong>.\r\n\r\n<strong>Ankit leads the Asia Practice at Synergy Consulting and has diverse experience in working with both Public Sector and Private Sector clients in the region<\/strong>.\r\n\r\n<strong>Ankit<\/strong> is an <strong>alumnus of IIM Ahmedabad<\/strong>. He is a <strong>team member of Synergy Consulting<\/strong> for <strong>13+ years<\/strong> with a strong experience in leading financing for numerous infrastructure projects across multiple sectors.\r\n\r\nAnkit's strength is also in building teams and trust across geographies. \r\n\r\nAnkit specializes in Project and Structured Financing, Mergers and Acquisitions, and Procurement Advisory.\r\n\r\nHe has contributed to the overall success, growth, and expansion of Synergy over the years.\r\n\r\nAs a Partner, Ankit will continue to strengthen the Asia practice for Synergy Consulting and continue to deliver growth to Synergy and its esteemed clients.\r\n\r\n<strong>We wish Synergy and Ankit and exciting professional journey ahead<\/strong>.\r\n\r\nCongratulations to Ankit on his well-deserved promotion.\r\n\r\n\r\n\r\n","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-5600","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Global Water Awards 2024 - Synergy acted as lead and financial adviser to SWPC for this transaction - 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\/global-water-awards-2024-synergy-acted-as-lead-and-financial-adviser-to-swpc-for-this-transaction\/\" \/>\n<meta property=\"og:locale\" content=\"ru_RU\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Water Awards 2024 - Synergy acted as lead and financial adviser to SWPC for this transaction - Synergy Consulting\" \/>\n<meta property=\"og:description\" content=\"Synergy Consulting, Inc., is honored and delighted to support the Saudi Water Partnership Company (SWPC) as the Lead and Financial Advisor for the transaction in the project Jubail 3A IWP, Saudi Arabia. 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