Shuweihat S1 IWPP
Shuweihat S1 IWPP - a Independent Water & Power Project in UAE. Capacity 1.6 GW. Winning consortium: CMS Energy + International Power. Status: Operational.
- Country
- UAE
- Procurer
- ADWEA
- City / region
- Shuweihat, Abu Dhabi
- Capacity
- 1.6 GW
- Status
- Operational
- Power tariff
- Not publicly disclosed
Winning consortium
CMS Energy + International Power - equity: TAQA 60% / ENGIE 20% / Sumitomo 20%
Procurement timeline
- RFP: 2000
- Bid submission: 2001
- Preferred bidder: 2001
- Commercial close: 2001
- Financial close: 2001
- PCOD: Jun 2005
Financing
- Capex: ~USD 1.6 bn
- Debt: USD 1.285 bn from 25 banks
- Lenders: HSBC, Citi, KfW, JBIC + 21 others
- Tenor: 20+ yr
Technical scope
Process: CCGT + MSF
Largest IWPP financing globally at the time (2001)
EPC contractor: Siemens + Fisia Italimpianti
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.