Fujairah F3 IPP
Fujairah F3 IPP - a Independent Water & Power Project in UAE. Capacity 2.4 GW. Winning consortium: Marubeni-led. Status: Operational.
- Country
- UAE
- Procurer
- EWEC
- City / region
- Qidfa, Fujairah
- Capacity
- 2.4 GW
- Status
- Operational
- Power tariff
- Not publicly disclosed
Winning consortium
Marubeni-led - equity: ADPower 60% / Marubeni 40%
Procurement timeline
- RFP: 2019
- Bid submission: 2019
- Preferred bidder: 2019
- Commercial close: Feb 2020
- Financial close: 2020
- PCOD: 2023
Financing
- Capex: ~USD 1.3 bn
- Lenders: Int'l + Japanese banks
- Tenor: Long-tenor PF
Technical scope
Process: CCGT
Standalone IPP within Fujairah water+electricity complex
EPC contractor: Siemens Energy + Samsung C&T
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.