26 June 2018
Watson Farley & Williams (“WFW”) is currently advising the United Arab Emirates’ (“UAE”) Federal Electricity and Water Authority (“FEWA”) on the procurement of a desalination plant in the Emirate of Umm Al Quwain, UAE.
On 18 June 2018, FEWA announced the appointment of a consortium led by Saudi Arabia’s ACWA Power as the preferred bidder.
The desalination plant is the first independent water project to be procured by FEWA and will have a capacity of 45m gallons per day. Financial close is scheduled for the third quarter of 2018.
Suhail commented “We are delighted to be representing our client on such a significant project. Having reached this advanced level of negotiations with the consortium led by ACWA Power, we look forward to seeing this project through to successful financial close. Our ability to advise on projects of this nature, showcases our position as leading legal advisors in the global projects market”.