Az-Zour North 1 IWPP
Az-Zour North 1 IWPP - a Independent Water & Power Project in Kuwait. Capacity 1.5 GW. Winning consortium: GDF Suez + Sumitomo + Al-Sagar. Status: Operational.
- Country
- Kuwait
- Procurer
- KAPP / MEW
- City / region
- Az-Zour
- Capacity
- 1.5 GW
- Status
- Operational
- Power tariff
- Not publicly disclosed
Winning consortium
GDF Suez + Sumitomo + Al-Sagar - equity: MEW 60% / ENGIE 17.5% / Sumitomo 17.5% / Al-Sagar 5%
Procurement timeline
- RFP: 2011
- Bid submission: 2012
- Preferred bidder: 2012
- Commercial close: Dec 2013
- Financial close: 2013
- PCOD: Q4 2016
Financing
- Capex: ~USD 2.6 bn
- Lenders: Int'l + regional
- Tenor: 40-yr ECWPA
Technical scope
Process: CCGT + MSF
Kuwait's first IWPP; 40-yr concession unusual for region
EPC contractor: Hyundai (power) + Sidem (water)
Sources
Open the full IWPP / IPP benchmark →Part of the GulfInfra · GCC Infrastructure Library - a free open-source benchmark of 136 public-private partnership procurements across the GCC. Methodology: how we build this.